It is currently living above my resistance here, but without this is just looking like more consolidation to me. If price action gets above the spike high of the prior run I'd see that as a very positive indicator.
All indicators have cooled off enough from the prior run, allowing XRP to run if it wants..
BBands tight signifying a move is imminent
Confirmation - A 2 hour close above about 17000 sat Poloniex would likely lead to a new run. Although it is important to say here that , especially with XRP due to its insane amount of total coins, is the true indicator to watch here. If starts picking up I would see that as an early sign XRP is about to run
Failure - A 2 hour close below the bottom support line, which has held up the spike low of the current consolidation period on good would indicate a new trend has formed.
Not financial advice.