Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near?
Bitcoin (BTC) has had a volatile 24 hours, plunging from $99,500 to as low as $91,231 amid mounting concerns over impending US trade tariffs on Canada, Mexico, and China. However, some crypto analysts see this sharp decline as a buying opportunity, suggesting that BTC may be oversold and poised for a rebound. Is Bitcoin Poised For A Relief Rally? Yesterday, the crypto market experienced one of its largest sell-offs in history, with over $2.3 billion in liquidations affecting more than 742,000 traders. This level of liquidations surpasses those seen during the COVID market crash in March....
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Bitcoin (BTC) has declined by more than 10% in the last two weeks, falling from approximately $98,000 to around $86,000 at the time of writing. The high selling pressure has pushed the flagship cryptocurrency to oversold levels it had not seen since August 2024. Bitcoin Is Oversold, Time To Buy? According to an X post by seasoned crypto analyst Ali Martinez, BTC has entered oversold conditions it hadn’t seen since August 2024. Specifically, the Relative Strength Index (RSI) for Bitcoin has dropped to the lowest level in the last seven months. Related Reading: Is Bitcoin Showing Early Signs....
Dogecoin is showing early signs of life after a weeklong downtrend, as new technical signals on the 4-hour Heikin Ashi chart suggest the meme coin may be pivoting toward recovery. The Dogecoin 4-hour candlestick Relative Strength Index (RSI) indicator is flashing oversold conditions and a falling wedge pattern forming at support, creating what might be […]
Solana (SOL) was one of the large-cap assets affected by the recent market downturn triggered by the US Federal Reserve’s rate cut. The Solana price succumbed to the bearish pressure and fell beneath $200 for the first time in over a month. While the price of SOL has continued its downward spiral in the past day, a prominent crypto analyst on X believes that the altcoin might be gearing for a rebound already. Below is how the Solana price could course-correct and resume its bullish trend. Can SOL Price Reclaim $200 Again? In a post on the X platform, crypto pundit Ali Martinez shared an....
After a strong upward momentum, PEPE is showing signs of fatigue, slipping into a correctional phase, with traders speculating on what might come next. As the token retraces from recent highs, attention now turns to pivotal support levels that could dictate its recovery potential. Will these key levels hold the line and fuel a bounce-back, or is PEPE in for a longer dip? This article will provide an in-depth look at PEPE’s current price movement within its correctional phase. By highlighting significant support and resistance levels, this piece seeks to equip investors and traders....
Tamadoge (TAMA) is a new and exciting play-to-earn meme coin that is predicted to grow 10-fold in price. SOL bullish streak invalidated Solana has reached the oversold zone Tamadoge meme coin dubbed as better alternative to SOL Solana (SOL) plummets as it loses the support of an ascending channel it is in and further invalidating its bullish thesis. The crypto market is experiencing a turbulence as Bitcoin lost support from a rising wedge pattern. Related Reading: Ethereum Plunges 21% In Last 7 Days, Drops Below $1,600 SOL Wading Oversold Waters According to CoinMarketCap, SOL is down by....