XRP (XRP) Experiences Price Surge Amidst Emerging Bearish Trends
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- XRP charts have shown a bearish divergence pattern on the 60-minute chart, as per the 100eyes Crypto Scanner.
- This pattern is based on the relationship between the cryptocurrency’s price and the Relative Strength Index (RSI) oscillator.
- The bearish divergence pattern occurs when the price of a cryptocurrency reaches new highs while the oscillator reaches a lower high, indicating a possible price downtrend.
XRP charts show a bearish divergence pattern, indicating a possible price downtrend. Despite this, XRP has seen gains against Bitcoin, puzzling some members of the crypto community.
Bearish Divergence Pattern on XRP Chart
The XRP chart has recorded a bearish divergence pattern on its 60-minute chart, according to the 100eyes Crypto Scanner. This pattern is based on the relationship between the price of the cryptocurrency and ... Read the full article for FREE at COINOTAG!