Ripple’s XRP token is experiencing a potential bullish reversal as the Relative Strength Index (RSI) and Stochastic Oscillator have broken their 14-month downtrends. The RSI, a popular momentum indicator, has moved above 50, indicating a potential shift from bearish to bullish sentiment. The Stochastic Oscillator, another momentum indicator, has also crossed above its signal line, suggesting a potential buy signal. XRP’s price has risen by over 10% in the last 24 hours, trading at around $0.93 at press time.
