XRP price is holding above $2.05 after modest gains on April 1, while the RSI’s bullish divergence signals a potential bottom.
XRP (XRP) price fell 22% between March 19 and March 31, potentially forming a local bottom at $2.02. The price then increased by 9% to $2.20 before retracing to the current levels.
Has the popular altcoin finally bottomed out, or is there a deeper retracement in the cards?
The XRP relative strength index (RSI) displays bullish divergence conditions in lower timeframes, according to popular analyst CasiTrades.
