TradingView
stillrai
Mar 8, 2021 10:52 PM

Bearish divergence on XDC.  

XDC / USTBitfinex

Description

Noticed a bearish divergence on the daily RSI or XDC. (See blue arrows). But that doesn't necessarily mean the price will drop, we're still waiting for price confirmation. If the candle closes below the Black trend line it will confirm that there will be some bearish action. Overall XDC is definitely bullish though and is yet to reach the peak of the parabolic Fibonacci replacement trend. I am very bullish on this crypto. It has a great future ahead and I'm excited to see where it goes in the coming months.
More