Tag Archives: Relative Strength Index

This Ethereum Monthly RSI Chart Just Crashed To New Lows To Break 2022 Records, What Happened Last Time?

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Ethereum’s price has been facing significant downward pressure in recent days, with the cryptocurrency even dipping below the $2,000 mark for the first time since December 2023. The crash below $2,000 has done more harm to the already declining bullish sentiment, and the next outlook is whether there will be more incoming declines or whether… Continue reading This Ethereum Monthly RSI Chart Just Crashed To New Lows To Break 2022 Records, What Happened Last Time?→

BNB Bulls Take Charge: Price Rebounds Strongly After Recent Dip

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BNB is making a strong comeback as bullish momentum picks up following a recent dip, sparking renewed optimism among traders. After facing significant selling pressure, the price found solid support at the $500 mark, allowing buyers to step in and drive a sharp rebound. This renewed strength suggests that BNB could be gearing up for… Continue reading BNB Bulls Take Charge: Price Rebounds Strongly After Recent Dip→

XRP Price Face Major Resistance At $2.9, Why This Analyst Believes $20 Is Still Possible

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Crypto analyst ElmoX has asserted that the XRP price is still bullish despite the recent crypto market crash. His analysis revealed that XRP is set to face major resistance at $2.9, although he is confident that the crypto will eventually break this resistance and rally to as high as $20.  XRP Price Faces Resistance At… Continue reading XRP Price Face Major Resistance At $2.9, Why This Analyst Believes $20 Is Still Possible→

Dogecoin Price Turns Bullish With 1-Day RSI In Oversold Region, Why DOGE Can Reach $0.9

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Dogecoin has been trading in a bearish momentum in the past few weeks, which has caused its price to break below critical resistance levels around $0.3 and now struggling around $0.2. This downtrend has seen the Relatice Strength Index (RSI) indicator trending downwards very massively, with the 1-day RSI particularly slipping into oversold territory. However,… Continue reading Dogecoin Price Turns Bullish With 1-Day RSI In Oversold Region, Why DOGE Can Reach $0.9→

UNI Price Recovery Gains Traction – Will It Smash Through Resistance?

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Uniswap price is gaining traction as it rebounds from the $6.7 level, sparking renewed optimism among traders. After a period of consolidation, bulls are strongly attempting to reclaim control, aiming for a breakout beyond key resistance levels. However, the road ahead is not without obstacles. A critical resistance zone looms, and whether UNI can push… Continue reading UNI Price Recovery Gains Traction – Will It Smash Through Resistance?→

SUI Bearish Shift? Weekly RSI Drops Below 50%, Raising Alarm

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SUI, one of the most closely watched cryptocurrencies, is flashing warning signs as its weekly Relative Strength Index (RSI) dips below the critical 50% threshold, bringing the cryptocurrency to the $2.36 significant support level.  This key technical indicator, often used to gauge market momentum, suggests a potential shift in sentiment from bullish to bearish. With… Continue reading SUI Bearish Shift? Weekly RSI Drops Below 50%, Raising Alarm→

Ethereum Weekly RSI Drops To Lowest Level Since May 2022 – More Selling Pressure Ahead?

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Over the last week, Ethereum (ETH) has dropped 13.8%, currently trading at the critical $2,000 support level. While the digital asset’s weekly Relative Strength Index (RSI) has hit its lowest point in three years, analysts warn that further downside may still be ahead. Ethereum RSI At Lowest Levels In Years US President Donald Trump’s trade… Continue reading Ethereum Weekly RSI Drops To Lowest Level Since May 2022 – More Selling Pressure Ahead?→

Polkadot Price Crisis: Further Losses Incoming After DOT Falls Under $4.8

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Polkadot (DOT) price has taken a dramatic turn, breaking below the crucial $4.8 support level, a critical threshold that previously provided stability for the asset. This decisive move to the downside signals increased bearish pressure, as sellers continue to dominate the market. With DOT now trading in a vulnerable zone, concerns are mounting over whether… Continue reading Polkadot Price Crisis: Further Losses Incoming After DOT Falls Under $4.8→

XRP Price Retraces Gains From Sunday Rally, This Important Support Level Could Be The Defining Factor

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The XRP price has retraced and lost the gains it recorded from its Sunday rally following Trump’s announcement that the crypto would be included in the crypto strategic reserve. Following this price correction, crypto analyst Trade City has key support levels that could determine XRP’s future trajectory.  Important Support Levels For The XRP Price In… Continue reading XRP Price Retraces Gains From Sunday Rally, This Important Support Level Could Be The Defining Factor→

Bitcoin Open Interest Crashed To 6-Month Low, Here’s What Followed The Last Time

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Crypto analyst CrediBULL Crypto has revealed that Bitcoin’s open interest has crashed to a six-month low. The analyst further explained what happened the last time this low open interest occurred while providing a bullish outlook for the flagship crypto.  Bitcoin’s Open Interest Crashes To 6-Month Low  In an X post, CrediBULL Crypto revealed that Bitcoin’s… Continue reading Bitcoin Open Interest Crashed To 6-Month Low, Here’s What Followed The Last Time→