Weekly RSI is consolidating around 61.8 level. On previous occasions, there was profit taking from this level. The difference now is that instead of RSI backing off, it's coiling at this level which raises odds that RSI would break through this level. When RSI broke through this RSI level in Mar 2021, there was a substantial rise in price of XRP.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.