MACD and RSI hidden divergence promoting a bullish continuation, Stochastic RSI to cross and move up, and a potential bounce off the 21 EMA provided we do not dip much further.
Keep in mind that the 12 hour and Daily Stochastic are both continuing to go down which could stagnate these short term signals, and as a result we move sideways, or further down instead.
Not financial advice, just some additional analysis for the hopeful.
Keep in mind that the 12 hour and Daily Stochastic are both continuing to go down which could stagnate these short term signals, and as a result we move sideways, or further down instead.
Not financial advice, just some additional analysis for the hopeful.
Another theory is that since the market is currently red, we see some money be put into smaller cap coins like RLC, as some may want to take advantage of a highly profitable rebound now that RLC has a much higher market cap ceiling due to prior selloffs.