The investment fund’s owner expressed at the conference his views about cryptocurrencies and bitcoin. Scaramucci stated that the crypto is “technically oversold”. Scaramucci reported that he was...
Tag: Oversold
‘Cheaper than it looks:’ Fidelity exec says BTC undervalued and oversold
Jurrien Timmer, director of global macro of Fidelity, has argued that Bitcoin (BTC) may be “cheaper than it looks,” highlighting evidence on Tuesday that the cryptocurrency may be both undervalued and...
Fidelity Declares Bitcoin as Oversold and Undervalued
2 hours ago | 2 mins read Bitcoin News Fidelity approximately holds crypto assets worth $4.5 trillion. The fall of every coin in the market has gone 50% below their ATH. Jurrien Timmer, Director of Fi...
Is the $20-level next for ‘oversold’ Solana [SOL]
SOL was once very popular as it emerged on the heels of Solana’s aggressive growth, aiming to be the Ethereum killer. Fast forward to present day, however, and Solana is not as hyped as it used to be....
Bitcoin Is Undervalued And Oversold, Says Fidelity Top Executive Jurrien Timmer
– Advertisement – Top exec at Fidelity thinks Bitcoin’s current market standings misrepresent its actual valuation. Bitcoin started on a good footing, but the events of the last few months...
Top Fidelity Macro Analyst Says Bitcoin (BTC) Way Oversold as Key On-Chain Metric Reaches 2011 Levels
Fidelity’s director of global macro Jurrien Timmer is updating his outlook on Bitcoin (BTC) as the leading crypto asset by market cap struggles near the $20,000 level. Timmer tells his 126,000 Twitter...
$4.5 trillion investment giant Fidelity says Bitcoin is now ‘technically oversold’
In the midst of the bearish market sentiment that has seen the price of Bitcoin (BTC) threaten the crucial $20,000 level, a number of observers have been speculating on when the downward spiral of the...
Bitcoin Weekly RSI Sets Record For Most Oversold In History
Bitcoin price is in free fall and the cryptocurrency community is in panic. The high-risk, speculative asset class is living up to its notorious volatility and the selling appears unstoppable. At some...
Wells Fargo Becomes Oversold
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important ...
Ethereum In Oversold Territory As Weekly RSI At Its Lowest Point Since 2018, Is Some Relief Coming?
– Advertisement – Ethereum Weekly RSI Is At Its Lowest Point Since 2018. The crypto market is bleeding, and even top coins like ETH are no exception. It appears that the bears have been ...
Bitcoin (BTC) RSI Touches Oversold Territory, Is It the Right Time to Buy the Dips?
It’s been a brutal weekend for the crypto market which has witnessed severe liquidations following the U.S. inflation numbers released last Friday. As of press time, Bitcoin (BTC) is trading 6.57% dow...
Ethereum price enters ‘oversold’ zone for the first time since November 2018
Ethereum’s native token Ether (ETH) entered its “oversold” territory this June 12, for the first time since November 2018, according to its weekly relative strength index (RSI). This...
LBlock Reaches an Oversold Region as Bulls Resume Upside Momentum
Lucky Block Price Prediction – June 9 LBlock/USD bearish momentum has subsided as bulls resume upside momentum. The current decline was the result of further selling pressure on May 23 and 30. Today, ...
Analysts Say These 2 Beaten-Down Stocks Are Oversold
After 7 weeks of straight losses, the markets went into the long weekend on positive note: their best single week since 2020. The S&P 500 added more than 6% wiping away its losses from the month o...
Uniswap Retraces above $4.66 as the Crypto Reaches Oversold Region
May 28, 2022 at 11:38 // Price Today, the price of Uniswap (UNI) is in a downward movement as it retests the current support at $4.66. The bears are trying to break the current support to retest the p...
Best Oversold Stocks to Buy Now for June 2022
When this happens, it can pull in even the best stocks. That means the bad, unprofitable stocks and the best-in-breed stocks are sold off. And that’s bargain time for long-term investors. Markets and ...
Skyworks is deep in the oversold zone but is it the right time to buy?
Since its all-time high above $200 last year, Skyline Solutions, Inc. (NASDAQ:SWKS) has failed to replicate gains. At press time, the stock was trading at $102, down 35.99% year-to-date. The decline i...
QQQ Has Downside Risk To Its 200-Week Moving Average. Here’s A Trading Strategy.
(Photo credit: Stan Honda) AFP via Getty Images The Invesco IVZ QQQ Trust ETF QQQ tracks the stocks in the Nasdaq 100. The daily chart shows that the ETF peaked at $408.71 on November 22, 2021, which ...
These 2 Oversold Stocks Are Poised for a Rebound, Say Analysts
The last few months, with the exception of some short bullish trading runs, have been brutal for the stock market. The NASDAQ has already entered bear-market territory, with a loss of ~26% so far this...
Ripple Consolidates above $0.38 as Buyers Emerge in the Oversold Region
May 20, 2022 at 10:38 // Price Ripple’s (XRP) downtrend has eased after the cryptocurrency fell to a low of $0.33 on May 12. Today, XRP is trading at $0.42 as of press time. Last week, the price...
Luna Plunges Deeply into an Oversold Region as Buyers and Sellers Remain Undecided
May 19, 2022 at 11:20 // Price Luna Coin is in a downtrend as the cryptocurrency crashed to a low of $0.00000100 on May 13. Prior to the recent plunge, the altcoin has dropped significantly over the l...
Netflix Is Now Oversold
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a tec...
Crypto Market More Oversold Than Black Thursday
Panic struck the crypto market last week when Bitcoin broke below support, stablecoins unpegged from the dollar, and LUNA dropped to zero. The bloody aftermath has left cryptocurrencies as a whole mor...
Crypto Analyst Says One Deeply Oversold Decentralized Finance (DeFi) Altcoin ‘Can Move Fast’
A popular crypto analyst is naming one decentralized finance (DeFi) protocol he believes can surge in value after being sold off at a rapid rate over the last few weeks. In a new video update, the ano...
Wix is escaping the oversold region but how far can it rise after mixed earnings?
Wix.com Ltd. (NASDAQ:WIX) lost 8% on Monday after Q1 2022 loss widened to $227.3 million. The loss is wider compared to $62.1 million in the prior year. The company also continues to face headwinds fr...
Should you buy Palantir dip as oversold conditions push stock higher?
Palantir Technologies Inc. (NYSE:PLTR) had a turbulent year, having lost 54.99% year-to-date. Most of the losses have been incurred in the last 30 days, with at least a 31% negative return in the mont...
Can Bitcoin’s [BTC] current ‘oversold’ situation trigger a recovery past $30k
Bitcoin, the largest cryptocurrency suffered major limelight into extreme fear territory not seen since the COVID-19 crash. The worst trading day came on 12 May, when BTC slumped from just over $30,00...
Uniswap Falls to $3.67 Low as It Reaches Deeply in the Oversold Region
May 14, 2022 at 11:30 // Price Uniswap (UNI) is in a downtrend and fell to a low of $3.67 on May 12. The current decline was caused by the inability of buyers to keep the price above the $8.00 resista...
Will Charter Communications rise from the oversold region?
Charter Communications (NASDAQ:CHTR) is up 1.19% this week to trade at $465. This is the stock’s second week in a gaining streak that defies market bears. Last week, the counter closed 7.30% higher. I...
Bitcoin remains oversold as per enthusiast Plan B
Bitcoin (BTC) has never been at $30,000 with such an astonishing RSI Prestigious Bitcoin (BTC) scientist and examiner PlanB is sure that Bitcoin (BTC) is oversold at the present time The creator of th...