XRP - it's possible that the bottom may be near, and we're going to use a technical indicator to look for the bottom.
It should be noted that I am NOT a fan of XRP BUT, I understand tat all coins are tradable despite whether or not I like them. So let's dive into the SIGNS of the times:
Looking at the RSI below the chart, historically XRP bottoms are close when the RSI hit's the yellow line (34). It could trade lower for a few ore weeks to come, but ultimately this low RSI signals the bottom is either in or close.
It is also worth noting that the M-Pattern should be finished playing out, or close to finished:
Either way, if you MUST trade XRP, buy low and sell high. Bag holders gets burnt!
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.