XRP risks new drop as analyst warns of bearish RSI signal

Crypto analyst Steph Is Crypto has identified a significant pattern on the XRP weekly chart, suggesting potential downside risk if a key technical signal is confirmed. Steph Is Crypto, known for in-depth technical analysis of digital assets, flagged the development as a possible warning for XRP investors. The analysis centers on the Relative Strength Index (RSI) on XRP’s weekly timeframe. Steph monitors two elements: the RSI line itself and its moving average, often referred to as the signal line.

Source: CoinTurk News