9 / 9 Relevant items tagged with #RSI

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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $31,000, After Becoming Overbought 

[Jun 26, 2023 7:00 AM] Bitcoin fell below $31,000 to start the week, as traders seemingly moved to secure gains, as the cryptocurrency became overbought. The relative strength index (RSI) rose to its highest point since January, prompting bears to reenter the market…

Polygon (MATIC) Falls Under Bearish Pressure: Is It a Good Time To Invest?

[May 10, 2023 11:00 AM] Polygon Network is one of the top players in the blockchain industry. However, its native token MATIC has steadily declined in the last few weeks. This comes as no surprise as many other altcoins are also experiencing the same downward movement due…

Cosmos (ATOM) Price Displays An Intense Momentum – What’s Driving The Rally?

[Apr 29, 2023 6:40 AM] Cosmos (ATOM) demand has risen these past few days, resulting in a significant performance. According to CoinMarketCap data ATOM price has fallen to $11.69 after gaining momentum. The current market cap of ATOM is $3.3 billion, with a 24-hour…

Filecoin Price Struggles To Move, Will It Surpass The $6 Barrier?

[Apr 27, 2023 11:00 AM] The 30th largest cryptocurrency Filecoin (FIL) has recorded an increase in its 24-hour trading volume. This recent trend has attracted investors and traders closely monitoring its price movement. However, the coin struggles to break through the…

Not So Fast: Bitcoin Strength Fails To Breach This Key Bullish Level

[Apr 17, 2023 2:43 PM] Bitcoin price took a hard stab at $30,000 and although the knife stuck for some time, price is now retracing. The rally, according to the Relative Strength Index, was lacking enough strength to pierce through the armor-like resistance level. Here…

This Bullish Bitcoin Technical Signal Suggests The Bottom Is In

[Mar 21, 2023 10:31 AM] Bitcoin price is currently trading at $28,000 only a week after retesting below $20,000 – potentially leaving that price range behind forever. The powerful, more than 30% one-week rally has brought the top cryptocurrency to a bullish technical…

Bitcoin Weekly RSI Reaches Line Between Bear & Bull Market

[Jan 23, 2023 4:23 PM] Bitcoin price continues to push higher, leaving very few pullback opportunities thus far for those that failed to buy below $20,000. Price action on BTCUSD the weekly timeframe, according to the Relative Strength Index, has reached a critical line…

Overbought Or Ready To Rip? Bitcoin Daily RSI Reaches Explosive Levels

[Jan 18, 2023 4:09 PM] Bitcoin price is showing signs of getting overheated on daily timeframes using the Relative Strength Index (RSI). The tool, typically used to spot overbought conditions, is at one of its highest levels ever historically. However, an elevated RSI…

Bitcoin steps out of 'Fear' for the first time in nine months

[Jan 15, 2023 11:56 PM] The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters.

Brace For Impact? Bitcoin Open Interest RSI Forms Bearish Divergence

[Jan 4, 2023 8:00 AM] On-chain data shows the Bitcoin open interest RSI is currently forming a pattern that can lead to a short-term correction in the asset’s value. Bitcoin Open Interest 14-Day RSI Has Been Climbing Up Recently As pointed out by an analyst in a…

Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom

[Dec 27, 2022 1:30 PM] As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation…