Negative Divergence? Na. RSI of Fury. LONG AEONUSD
What an interesting chart. While RSI has set a series of lower peaks, I don't think it's negative divergence because the MACD doesn't really back that up. Since price has done nothing but climb, I think the RSI is gathering power for a super breakout. You don't see a weekly RSI coil in overbought territory often, and when it breaks out the move is pretty nice. Also in a non technical note, since Monero looks so bullish, I think it can only help here. This play is super speculative but it's also one of my favorite coins. I will try to post the AEONBTC chart in comments which is also coiling for a breakout (sometimes TV rejects my charts in comment section).
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