XDC is showing a clear bearish divergence on the weekly RSI.
XDC has been struggling for a long time, but like many cryptos, it benefited greatly from the 'Trump Pump' on election day. However, after a spectacular run, XDC is now showing a clear bearish divergence on the weekly RSI.
Could this spell disaster for the price of XDC? Only time will tell, but I would exercise caution here if you are considering a long position.
Good luck, and always use a stop loss!
Could this spell disaster for the price of XDC? Only time will tell, but I would exercise caution here if you are considering a long position.
Good luck, and always use a stop loss!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.