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XRP price charts flash bottom signals as bulls defend $1.30
XRP (XRP) price has been sealed in an eight-month downtrend, with the momentum indicators and the XRP/BTC ratio at levels that previously marked cycle bottoms. Data from TradingView reveals that XRP’s weekly relative strength index (RSI) reached an oversold level of 29 on March 2, signaling fading bearish momentum. Similarly, the moving average convergence divergence (MACD) indicator has dropped to its lowest level ever and is about to produce a bullish cross. Note that previous bullish crosses, particularly aligning with an oversold RSI, have marked macro bottoms for XRP/USD. This ultimately led to 74%-230%% XRP ... (full story)
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