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Analyst Says Something Strange Is Happening With XRP Right Now

Analyst Says Something Strange Is Happening With XRP Right Now

Photo: Times Tabloid

Crypto analyst Steph Is Crypto (@Steph_iscrypto) has identified a technical pattern on the XRP weekly chart. The pattern has a consistent historical track record, and it is approaching a potential confirmation point that carries serious price consequences. The RSI Setup The signal centers on the Relative Strength Index on XRP’s weekly timeframe. Steph tracks two components: the RSI line itself and its moving average, or signal line. When the RSI line crosses below the moving average, the signal triggers. That cross has preceded significant XRP drawdowns every time it has occurred since the bear market bottom of June 2022.

Source: Times Tabloid

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