What The XRP RSI Making Higher Highs Means For The Price

A key technical indicator on the XRP price chart is sending an important signal about the strength of its ongoing price ￰0￱ Relative Strength Index (RSI) which measures momentum is climbing higher in tandem with price a development that popular XRP analyst EGRAG CRYPTO says validates the current bullish ￰1￱ one of his recent posts on X

he explained that this alignment between price and RSI shows a healthy uptrend where buying pressure will continue to ￰2￱ Alignment Shows Healthy Market Momentum EGRAG CRYPTO highlighted that when both price and RSI make higher highs it is one of the strongest confirmations that the trend is ￰3￱ noted that this scenario indicates buyers are firmly in control and that the market is not ￰4￱ to him when both price and RSI rise together the uptrend is real and supported by ￰5￱ is in contrast to bearish divergence

which occurs when price climbs but RSI falls and is often a precursor to fading momentum and ￰6￱ Reading: Dogecoin Price Hasn’t Begun Its 3rd Wave Yet ATH Above $0.8 Still In The Cards The RSI data on his chart shows an ascending slope with an angle of about 9.32° matching XRP’s gradual increase in price over the past ￰7￱ synchronized movement implies that the trend is sustainable and supported by genuine market participation instead of temporary ￰8￱ chart from EGRAG CRYPTO shows that XRP has already broken above the midpoint of its long-term ascending parallel ￰9￱ red trendlines framing the channel stretch back to 2014

and XRP’s breakout above the resistance line shows that bullish momentum is comparable to that of the 2017/2018 ￰10￱ yellow moving average line which represents the multi-month trend is also sloping upward beneath the candles acting as strong dynamic ￰11￱ alignment shows XRP’s improved market structure compared to earlier bear market phases between 2022 and ￰12￱ Price Chart.