$XRP 4On the hourly timeframe, a MACD death cross has just formed (below the zero line). Before the crossover, bullish momentum bars lasted for 17 four-hour candles.
It’s easy to be misled if you look only at the crossover, so I’ll check these three things in order:
① After the histogram turns negative, does each bar get longer than the one before?
② Is volume confirming the move?
③ Will the price break below the recent low?
Four-hour signals tend to be short-term, so they should be considered alongside the daily trend. Which way do you think it’ll go? Share your thoughts.
#XRP
It’s easy to be misled if you look only at the crossover, so I’ll check these three things in order:
① After the histogram turns negative, does each bar get longer than the one before?
② Is volume confirming the move?
③ Will the price break below the recent low?
Four-hour signals tend to be short-term, so they should be considered alongside the daily trend. Which way do you think it’ll go? Share your thoughts.
#XRP
