Sparkster

XRP Short Term Moving Averages Suggest 'Don't Blink'

Long
KRAKEN:XRPUSD   XRP
MACD is pushing up but the real story here is the yellow short-term moving average line that has been above the slightly slower (orange) MA for the past few months despite no real price movement. This suggests XRP is like a tightly coiled spring. Don't blink or you might miss explosive price action coming to this market soon. It will only need 1 or 2 positive months for XRP to finally break through the long-term downtrend, and the increasing trading volume could then turn into a steep and 'spontaneous' blast off.

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