Hidden in XRP's Weekly Price Chart
Elevation Difference Appears
According to the chart shared, it is clear that the weekly chart of XRP is still creating a Hidden Bullish Divergence on the RSI/SRSI.
XRP is already above the base of a symmetrical triangle
It is noticeable that it is broken. If these trends continue, XRP
It may be on the verge of breaking above $7, as indicated by an arrow on the price chart.
Moreover, the weekly Stock RSI is below 20 and is registering values between 7.58 and 7.66. When this Stock RSI's points below 20 this indicates that a coin is in an oversell position which means XRP
Investors have seen a new increase in assets in the upper range of 7.66.
It means you can take a position.
JD also touched on some challenges in XRP's price progress since 2015. These capitulations and others in the shared graph
Taking variables into account, crypto analysts find that long-term XRP investors are more successful than short-term ones.
He stated that it would happen.