AS STATED IN MY MOST RECENT POST , WE HAVE CONTINUED IN THIS DOWNWARD CHANNEL HEADING TOWARDS MAJOR SUPPORT ZONE FOR XRP AND WE HAVE JUST TOUCHED THAT ZONE NOW . QUESTION IS ARE WE GOING TO HOLD THIS PRICE OR DIP A LITTLE MORE TO TOUCH 61.8 FIB ?
I BELIEVE THIS ZONE WILL HOLD AND THE ACCUMILATION PERIOD SHOULD BE OVER . GREAT OPPORTUNITY IN THIS ZONE BUT IF THIS ZONE IS BROKEN MAJOR DOWNSIDE TO $0.33
I am looking at the RSI on your 4hr chart and see that it is continuously making HIGHER lows (ever since the December), while XRP price is continuously making LOWER lows ever since December 8. This sounds like a strong and obvious bullish divergence to me. Do you see the same thing?