The Crypto Convergence: Is DOGE’s RSI Divergence Leading the Charge?
In the ever-shifting sands of the crypto landscape, there’s always a new twist or turn to keep us on our toes. Recently, Dogecoin (DOGE) has caught my eye because of its potential resurgence, fueled by a bullish RSI divergence. Let’s unpack what this means for the market and what it could mean for us traders and investors.
What’s the Deal with RSI Divergence?
RSI, or Relative Strength Index, is like the compass guiding us through the turbulent seas of crypto trading. It tells us when an asset is overbought or oversold. You might have heard of RSI divergence, and if you haven’t, here it is. It’s when the price of an asset goes one way while RSI says something different. This divergence can act as a signal for potential price…
