After erasing most of its post-court victory gains, XRP shows signs of a potential rebound
XRP, currently the fifth-largest cryptocurrency by market capitalization, experienced an RSI Bullish Divergence on its hourly chart, according to a crypto alert by 100eyes Crypto Scanner.
According to the latest CoinGecko, XRP traded at approximately $0.496, up 0.7% with a market cap of over $26 billion.A Relative Strength Index bullish divergence occurs when the price of an asset decreases while the RSI increases, often indicating potential for an upward price movement.
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