BarclayJames

Ripple (XRPBTC): RSI/stoch. analysis + weekly candles

POLONIEX:XRPBTC   XRP / Bitcoin
Indicators
Similar to XLMBTC (see chart below). RSI continued weekly lows, very oversold. Stoch . rsi shows prolonged flatlining (becoming a record for Ripple). Price can go lower but a rebound is imminent in the coming week(s).

Candles
Still looking heavy. Reversal candle such as doji , pin bar or hammer on the weekly timeframe , together with RSI/stoch. values, would signal entry.


Monthly Time Frame also oversold.
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