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Which cryptocurrencies show the most significant RSI divergence on the chart?

avatarAbarOfTobleroneNov 24, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that exhibit the most significant RSI divergence on their charts?

Which cryptocurrencies show the most significant RSI divergence on the chart?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Sure! When it comes to cryptocurrencies that show the most significant RSI divergence on the chart, there are a few notable ones. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are among the top cryptocurrencies that often exhibit significant RSI divergence. However, it's important to note that RSI divergence is just one indicator and should be used in conjunction with other technical analysis tools for a comprehensive view of the market.
  • avatarNov 24, 2021 · 3 years ago
    Well, if you're looking for cryptocurrencies with significant RSI divergence on the chart, you might want to keep an eye on Bitcoin Cash (BCH), Litecoin (LTC), and Cardano (ADA). These cryptocurrencies have shown notable RSI divergence patterns in the past, which can provide potential trading opportunities. Remember to conduct your own research and analysis before making any investment decisions.
  • avatarNov 24, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, has observed that cryptocurrencies such as Ethereum Classic (ETC), Stellar (XLM), and NEO (NEO) often display significant RSI divergence on their charts. This can be an indication of potential trend reversals or upcoming price movements. However, it's important to note that RSI divergence is not a foolproof signal and should be used in conjunction with other technical indicators for accurate analysis.