Add as a preferred source on GoogleOct. 24 CasiTrades Chart Puts XRP at $1.2735 During Pullback
The one-hour chart labeled the decline wave 2 and showed an RSI reading of 31.76 alongside a bullish divergence.
Crypto analyst CasiTrades' Oct. 24 one-hour XRP/USD chart placed XRP at $1.2735 during a pullback from near $1.65, labeling the decline wave 2 on its Elliott Wave count.
The chart showed a Relative Strength Index (RSI) reading of 31.76, just above oversold territory. It also marked a bullish divergence: Price lows moved lower while RSI lows moved higher.
The $1.2735 snapshot falls within the $1.26-$1.31 area discussed in an earlier XRP breakout analysis, which described a rebound from that range and resistance near $1.32.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.