Trader uncovers signs XRP price may have bottomed — Rally to $3.80 next?

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 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 analyst CasiTrades.

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Adam Owen

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