The cryptocurrency markets are in shambles over the past couple of days, and bitcoin’s price dropped to levels not seen since December 2020. Data shows that the monthly relative strength index (RSI) i...
Tag: RSI
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...
WAVES Weekly RSI Generates Bullish Divergence
Waves (WAVES) increased by 190% over May 30 – June 1, but has been gradually retracing since. WAVES has been falling since reaching an all-time high price of $63.88 on March 31. The downward movement ...
Rising RSI Slope Encourages $1.52 Breakout
Published 9 hours ago The widespread uncertainty in the crypto market has bounded the THETA price action within the $1.52 and $1 mark. Therefore, the interested need to be patient in this no-trading z...
What Does The Bull Div On Ethereum RSI Mean For The Top Altcoin?
Just like other altcoins, Ethereum too extended losses today. Over the last 24 hours, the altcoin slipped below the $1900 price level. Bitcoin also fell on its chart and major industry altcoins follow...
REN’s Weekly RSI Drops to Lowest Ever Level as Price Hits New Yearly Low
REN has shown several bullish signs on the daily time frame, and it is possible that the price will initiate a strong bounce as a result. REN has been falling since reaching an all-time high price of ...
Rising RSI Bolster LINK Price for Pattern Fakeout
Published 4 seconds ago The prolonged retest phase of the falling wedge pattern indicates a lack of commitment from sellers to continue the prevailing downtrend. The buyers may take advantage of this ...
Solana (SOL) Generates Bullish Divergences In The Daily RSI
Solana (SOL) is at risk of breaking down from a crucial long-term support level but is trading inside a short-term bullish pattern. SOL has been falling since reaching an all-time high price of $258.6...
Ethereum (ETH) Weekly RSI Reaches Second Lowest Ever Value
Ethereum (ETH) has been increasing since May 27, in a short-term upward movement that was preceded by an RSI breakout. The weekly chart shows that ETH has been falling since reaching an all-time high ...
Tezos’ (XTZ) Daily RSI Drops To New All-Time Low
After breaking down from a multi-year trendline, Tezos (XTZ) has yet to generate any signs of a potential bullish reversal. XTZ had been increasing alongside an ascending support line since Oct 2019, ...
Is $2,500 On The Way Amid RSI Bullish Divergence?
ETH price tracks higher amid broader crypto market relief rally with decent gains. ETH started the session on a pessimistic note but the buyers gather strength and moved higher. However, the recent do...
Cryptos Break Down Below Previous Support, Then Bounce: Bitcoin, Ethereum, XRP
Going down to support. getty That spot on the price chart where “down” stopped and “up” began, some weeks or months ago, is known to analysts as the support level. Enough investors came in as buyers a...
Oversold RSI Boast FTT Price For $38 Target
On May 9th, the FTX(FTT) price gave a massive breakdown from the monthly support level of $33.5. This support fallout suggests the sellers are ready for a leg down to the $22.5 mark. However, an unexp...
Rising RSI Hints Potential Rally To $20 Mark
Though the largest cryptocurrency, Bitcoin, is on its fifth losing streak, the Waves coin fights off the broader market sentiment and turns green on the intraday chart. The altcoin rebounds from the $...
Oversold RSI Rebounds AXS Price From $27 Support
The Axie Infinity(AXS) price retests the $27 support twice within a fortnight. Moreover, an evident bullish divergence in the daily-RSI indicates the buying pressure at $27, encouraging the formation ...
RSI Divergence Tease Minor Correction In TRX
The TRON(TRX) price escaped a three-month-long consolidation phase with a bullish breakout from the resistance trendline of the inverted flag pattern. The breakout rally tagged an overhead resistance ...
Fantom’s (FTM) RSI Drops to Lowest Level Since March 2020
Fantom (FTM) has broken down from a support area that had been in place since Sept. 2021. It has yet to show any signs that it might have reached a bottom. FTM has been falling since reaching an all-t...
Oversold RSI May Trigger Falling Channel Breakout
A falling channel pattern governs the current Fantom(FTM) downtrend. The recent bear cycle initiated from the $1.67 has breached the $1 psychological support, registering a 53.8% loss. Furthermore, th...
RSI Bearish Divergence Calls For $60.0 On Weekly Chart
LUNA price struggled to defend the critical support level extending the previous session losses. The recent price action is suggesting the sellers are in no mood to go away. Still, the sidelined inves...
Falling RSI Could Trigger Double Top Pattern Fallout
The Pancake(CAKE) price resonates within $10 and $7.5 barriers for over a month now, creating a narrow range. However, the consolidation reflected a bearish set-up with double top pattern formation. U...
ATOM Price Predicts 33% Gains Amid Oversold RSI
ATOM price is hovering near a crucial support zone. A technical bounce back is expected with an upswing of nearly 33%. Investors are looking for a relief rally in the token after a prolonged downfall ...
RSI Divergence Teases Upcoming Pullback In APE
The post-correction rally has surged the Apecoin(APE) price by 25%, bringing it to $17 resistance. The buyers attempt to breach the overhead resistance; however, a negative divergence in the RSI chart...
RSI Divergence Hints NEAR Holders May Lose $15.2 Support
The Near protocol(NEAR) price has been resonating in a definite range for the past three weeks. The increasing underlying bearishness in the coin teases the coin price may breach $15.2 support. Howeve...
Bearish RSI Divergence Hints Price Correction Towards $13.90
NEAR price trades lower as the fresh trading week begins. The price opened higher but failed to hold the sentiment as retraced lower. However, in the late U.S session, the price moved above $15.0 afte...
RSI Divergence May Push DOT Price Back To $23
The recent bear cycle sunk the Polkadot(DOT) price to $17 support, registering a 26.3% loss. The altcoin retesting this range bottom support under the influence of RSI divergence suggests that history...
Bearish RSI Divergence Hints $0.000022 On Daily Charts
SHIB price continues to consolidate in a short-term trading range with a negative bias. The current price action trades near a crucial support area waiting for a fresh trend set up. A successful break...
Why you should accumulate Shopify now as RSI declines to an oversold region
Shopify Inc. (NYSE:SHOP) announced a stock split that is subject to shareholders’ approval. A stock split should, theoretically, not cause any notable price movements. It does not impact the performan...
Bitcoin (BTC) Stalls Above $41,000, RSI and MACD Indicators Extremely Oversold
Although Bitcoin (BTC) has been moving upwards since April 11 and reclaimed the $41,000 area on April 14, the long-term trend is still unclear. Bitcoin has been falling since reaching a high of $48,18...
Oversold RSI Hints A Bounce Back Towards $2.50
MANA price shows a range-bound movement after falling over the last week that pushes it to the recent support level. Now, a bounce-back is expected as the same levels were last seen three months back....