XRP Is Currently Showing a Bullish RSI Divergence

Crypto analyst Steph Is Crypto (@Steph_iscrypto) recently highlighted a technical setup on XRP that he believes deserves attention. While the market has stayed relatively quiet in recent weeks, notable indicators are gradually moving in intriguing ways. A Rare Signal on the Daily Chart In his post, Steph Is Crypto pointed to a bullish RSI divergence forming on XRP’s daily chart. The indicator shows momentum strengthening even as the price lowers. According to the analyst, this same pattern appeared in 2022, near the bear market bottom, when XRP traded at a price close to $0.28. He noted that after that signal, XRP stabilized, reversed direction, and later moved into an aggressive rally that carried the asset to new all-time highs . He stressed the rarity of this setup, saying these bullish RSI divergences are “extremely rare on XRP’s daily chart.” The chart shared alongside his comments shows lower lows while the...

https://timestabloid.com/xrp-is-currently-showing-a-bullish-rsi-divergence/