FTM price lost almost half its value in last week’s market carnage. However, the buyers still refuse to drop below the $2 mark, indicating a high point for reversal. Moreover, according to analysis to...
Tag: RSI
Bitcoin (BTC) Daily RSI Falls to Lowest Level Since March 2020
Bitcoin (BTC) has been moving downwards since Nov 10 and is approaching its 2021 lows. Despite indicators showing extremely oversold readings, there are no bullish reversal signs in place yet. Bitcoin...
Bitcoin’s RSI Reaches Lowest Point in Two Years, Here’s Why It Is Possibly Good for Market
Arman Shirinyan Indicator that predicted a reversal that led to ATH run is now sharing another reversal sign Contents Why this might be first sign of reversal Can the indicator predict a full reversal...
Bitcoin price plunges drastically as RSI reaches most ‘oversold’
Bitcoin price has refused to stem recent losses Lower weekend volume was poised to deliver some classic erratic moves Bitcoin open interest still has not flushed Analysts identified that a source of s...
Bitcoin Bottom Might Be Near, RSI Says: Bloomberg
Vladislav Sopov Per analysts at Bloomberg, the most popular price momentum indicator entered crucial zone. Here’s how it ended previously Contents RSI says that Bitcoin price bottom is near Thir...
Bitcoin’s RSI is Now at the Most Oversold Level Since the March 2020 COVID Crash
The cryptocurrency market lost over $400 billion worth of its capitalization in the past few days alone. The total market cap currently sits below $1.7 trillion. This came as most of the coins are dow...
BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash
Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality. BTC/USD 1-hour candle chart (Bitstamp). Sourc...
CAKE Price Analysis: Hidden RSI Divergence Hints Bullish Breakout
The recent retracement has dropped the CAKE token price to the Monthly support of $10. The technical chart shows a descending triangle pattern that threatens to breach this bottom support. Read the co...
Bitcoin (BTC) Daily RSI Becomes Oversold for First Time Since May
Bitcoin (BTC) reached a new 2022 low of $38,250 on Jan 20. While it’s still trading at a considerable support area, there are no bullish reversal signs in place yet. BTC has been falling since reachin...
Bitcoin (BTC) RSI and MACD Generate Bullish Divergences Near $40,000 Support
Bitcoin (BTC) indicators are showing several short-term bullish signals above a strong support level, making a breakout above resistance a likely scenario. Since Jan 8, BTC has been trading slightly a...
Is the Bottom In? Bitcoin’s RSI at Lowest Point Since May 2021 Crash
The past weeks have been quite challenging throughout the entire cryptocurrency market, to say the least. The total capitalization is down over $300 billion in the last seven days alone. Bitcoin, alon...
Bitcoin Fear and Greed Index and RSI Suggest We Are Oversold, Time to Buy the Dip?
The world’s largest cryptocurrency continues to test lower levels while moving below $42,000 levels at the start of the weekend. While it’s difficult to predict any bottom at this point, some useful i...
Ethereum is Now Most Oversold in Almost 2 Years, According to RSI
Arman Shirinyan One of the most popular technical indicators reaches two-year lows Contents Ethereum’s Relative Strength Index data Additional technical data The global cryptocurrency market sel...
BTC monthly RSI lowest since Sept 2020 in fresh oversold signal
BTC metric reaches an all time low since March 2020 BTC Price at the time of writing – $43,153.68 BTC Market Cap has reduced by 7% in the last 24 hours A key Bitcoin (BTC) metric has quite recently ar...
Rising RSI Slope In FTX Token Hints Upcoming Bullish Rally
The FTX technical chart indicates an overall downtrend in this token. The token price has recently plummeted to 0.786 FIB and is still trying to obtain sufficient demand. However, a bullish divergence...
Hidden RSI Divergence In BTC Coin Hints Rally To $53000 Mark
The Bitcoin price was trying to recover around the last week of 2021. However, the coin could never pass the $53100 resistance, where the strong selling pressure dropped the price back to the $46100 m...