XRP at the daily timeframe.
The RSI is almost oversold, the last 5 times when price went oversold and was at around the 30 level, we saw a huge rally.
If we take the average of the last 5 times when the RSI was this oversold, then we could see a price rice of 90%. Strangely we are then exactly back at resistance of the channel.
Oversold + at support levels makes buyers to step in the game.
Will this time be different?
The RSI is almost oversold, the last 5 times when price went oversold and was at around the 30 level, we saw a huge rally.
If we take the average of the last 5 times when the RSI was this oversold, then we could see a price rice of 90%. Strangely we are then exactly back at resistance of the channel.
Oversold + at support levels makes buyers to step in the game.
Will this time be different?
CHECK IT OUT 😎
⬇️⬇️⬇️
youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
⬇️⬇️⬇️
youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.