The post XRP Price Prediction As Weekly RSI Falls To 33 appeared first on Coinpedia Fintech News

XRP is back in focus after a fresh signal appeared on the weekly chart. The weekly RSI for XRP has fallen to 33, which usually means the price is getting close to oversold levels.

In the past, XRP has often bounced when RSI moved this low. Because of this, many traders are now watching closely to see if a recovery could start forming.

What the RSI Signal Means

RSI, or Relative Strength Index, is used to measure price momentum. When RSI moves near 30, it often shows that selling pressure may be slowing down.