XRP Weekly RSI Nears Bearish Cross as Analyst Cites Past Drawdowns
Photo: TokenPost
XRP’s weekly Relative Strength Index (RSI), a momentum indicator, is nearing a bearish crossover tracked by crypto analyst Steph Is Crypto, who says the signal remains unconfirmed and has preceded losses in past cases. Steph compares the RSI line with its moving average. A bearish cross occurs when the RSI line falls below that average. The two lines are close, but the cross has not happened. In a Tuesday, Oct. 20 post, Steph said XRP needed a green weekly candle to prevent the signal from confirming.
Source: TokenPost
