When the RSI surpasses the horizontal 30 reference level, it is a bullish sign and when it slides below the horizontal 70 reference level, it is a bearish sign. Divergence occurs when prices move ...
If you continued to hold through mid-October, you’d have noticed a divergence in the RSI and the market. The S&P 500 hit new lows in early October, but the RSI bottomed at the end of September.
XRP's rally shows signs of slowing, with technical indicators pointing to a potential 25% correction to $2.28. Long-term ...
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The RSI is a technical analysis indicator that identifies overbought and oversold conditions in the price action of ...
January’s XRP (XRP) price rally risks hitting a point of exhaustion due to an emerging bearish reversal signal. XRP price ...
A key concern is the emergence of a bearish divergence between XRP’s price and its daily Relative Strength Index (RSI). While XRP has been climbing to multi-year highs, the momentum oscillator ...