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XRP Price Flashes Buy Signal Amid 6% Recovery Rally

The four-hour XRP price chart shows a 5.62% recovery since the May 31 swing low of $2.08. This bounce may receive a boost as the Awesome Oscillator has flashed its fifth buy signal in under two months. The last four times this indicator revealed this bullish technical formation, the token soared between 6% and 26%. Will history repeat and catalyze a 15% price rally? What is the XRP Price Buy Signal? The buy signal is a combination of a bullish crossover, as indicated by the Awesome Oscillator (AO), and a bullish crossover, as indicated by the Relative Strength Index (RSI). To be specific, the buy trigger is obtained when the AO flips above the zero mean level, while the RSI is already above the 50 mean level. XRP Price Flashes Buy Signal Amid 6% Recovery Rally The last four times this exact buy signal flashed, XRP price soared by roughly 14%,… Read More at Coingape.com

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