$XRP 4 A MACD bullish crossover has just appeared on the hourly chart (below the zero line). Before the crossover, bearish momentum bars persisted for 34 consecutive 4-hour candles.
It’s easy to misread the signal if you focus only on the crossover, so I’ll check three things in order:
① After the histogram turns positive, do the bars keep getting longer?
② Is trading volume confirming the move?
③ Can the price break above the nearest resistance level?
The 4-hour signal is more short-term, so it’s best to compare it with the daily trend. Share your prediction in the comments, and we’ll review it later.
It’s easy to misread the signal if you focus only on the crossover, so I’ll check three things in order:
① After the histogram turns positive, do the bars keep getting longer?
② Is trading volume confirming the move?
③ Can the price break above the nearest resistance level?
The 4-hour signal is more short-term, so it’s best to compare it with the daily trend. Share your prediction in the comments, and we’ll review it later.