Each time we have seen bullish divergence on the RSI compared with downward sell pressure, we have seen explosive moves up.
At the end of May, the price was falling dramatically, printed a higher low on the RSI and immediately rebounded with an 82% move in days.
The same thing occurred in the middle of June as well, falling price, higher low on RSI followed by a 170% move in 6 days from the higher low on the RSI.
Will be interesting to see how this plays out, but will we get a similar reaction this time?
Couple the potential upside returns with 71% APR rewards for staking in the Filda DAO, and this gem could be worth adding some to your crypto portfolio!
- CA$HLESS
At the end of May, the price was falling dramatically, printed a higher low on the RSI and immediately rebounded with an 82% move in days.
The same thing occurred in the middle of June as well, falling price, higher low on RSI followed by a 170% move in 6 days from the higher low on the RSI.
Will be interesting to see how this plays out, but will we get a similar reaction this time?
Couple the potential upside returns with 71% APR rewards for staking in the Filda DAO, and this gem could be worth adding some to your crypto portfolio!
- CA$HLESS