AI
Tuesday, July 23, 2019 3:38:03 PM
XRP Bounce, Can it keep going? Bullish Divergence on RSI on 12H
Looks like XRP finally hit a bouncing point, it was required.
We see here a nice divergence on the 12 hour timeframe on the RSI showing that momentum has changed with XRP, just at the right time. It was looking very bearish .
We still feel this could drop down a little if no further momentum kicks in but early signs look okay. But it really does depend on BTC as this is USD value. Will do an update in BTC value tomorrow.
Looks like XRP finally hit a bouncing point, it was required.
We see here a nice divergence on the 12 hour timeframe on the RSI showing that momentum has changed with XRP, just at the right time. It was looking very bearish .
We still feel this could drop down a little if no further momentum kicks in but early signs look okay. But it really does depend on BTC as this is USD value. Will do an update in BTC value tomorrow.
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