XRP/BTC is oversold on daily but still got room to go on weekly
As one of my favourite market analysts usually says "Ripple annoys me". XRP has been failing since December 2018 and been in daily oversold RSI for quite a while. We can also see clear bullish divergence on the 4hr/6hr chart which is a reversal sign. With that being said the quick and aggressive rebound is possible since XRP was underperforming compared to other 'Alts'. However weekly RSI got plenty of room to go even beneath and easily can drop another %15.
Check out my article: bitcoinist.com/new-b...ifier-digital-asset/