The post How to Spot XRP and Other Altcoins at Bottom appeared on BitcoinEthereumNews.com.

If traders had a crystal ball, their biggest wish would be knowing how to buy XRP at the bottom. Especially true in crypto, where the mantra remains: “Wen moon?” Translation: “Are we finally at the bottom?” First, a heads up: some of the technical analysis tools and methods discussed here might differ from conventional wisdom. Why? Because, just like any other field, trading theories and best practices evolve. It can take years for these updated practices to trickle down from the pros to retail traders. Sometimes, even the pros lag behind in adopting these changes! For this piece, we’ll dissect the anatomy of a market bottom using XRP, one of the most widely followed cryptocurrencies. First Things First News is anecdotal. That’s a polite way to say, “news doesn’t matter.” If you ever chase professional certifications like the CMT (Chartered Market Technician) or CFTe (Certified Financial Technician), you’ll dive into works like “Behavioral Investing” by James Montier, which tackles the effect of news on markets. The TL;DR? News only matters if the price moves. If price doesn’t react meaningfully, the news is irrelevant. People simply look to the news as an explanation or a reason for something that happened. If we want to buy XRP at the bottom, there’s several tools that can help identify and time it correctly. The two tools I’m going to focus on is the RSI and Stocktwits’ social sentiment data. RSI: It’s About Context, Not Blind Levels If you want to buy XRP at the bottom, the RSI can help. Heads up: you’ve probably been using RSI incorrectly – or, at least, not as efficiently as you could. Don’t feel bad, though. The way professionals interpret RSI shifted nearly 20 years ago… but again, even pros sometimes take ages to adapt. The RSI (Relative Strength…

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Filed under: News - @ May 19, 2025 9:25 am