5 / 5 Relevant items tagged with #RelativeStrengthIndex

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Polkadot (DOT) Forms Rising Wedge Pattern, Bullish Or Bearish?

[Jun 7 8:00 AM] Polkadot (DOT), a popular cryptocurrency in the blockchain space, has been making waves with its innovative approach to interoperability and scalability. However, like any financial asset, its price movement is subject to various technical analysis…

Ethereum Undergoes Major Breakout, Path To New All-Time High?

[May 24 9:30 AM] Ethereum has yet to witness a move on the upside today, following the historic approval of the ETH Spot Exchange-Traded Funds (ETFs). However, given the impact of the exchange funds, as seen with Bitcoin, several crypto analysts and market watchers…

Dogecoin Forms Symmetrical Triangle, Rally On The Horizon?

[May 20 10:00 AM] Amidst a significant surge displayed by Dogecoin (DOGE) recently, popular crypto analyst Crypto Daily Trade Signals has identified a symmetrical triangle pattern in the price movements of the crypto asset, indicating a possible continuation of the…

Avalanche (AVAX) Price Dips As Market Turbulence Persists

[May 11 6:00 AM] AVAX is the native utility token of the Avalanche blockchain. The token is currently ranked 12th by market cap, with a total supply of 440,043,419 AVAX and a total trading volume of over $396,250,098 in the last 24 hours. Since its recent pullback…

Bitcoin Milestone Ahead? Analyst Forecasts New Peak This Month

[May 1 9:00 AM] In the face of a general market decline and pessimism, Captain Faibik, a cryptocurrency expert and enthusiast, has emerged with an optimistic outlook for Bitcoin (BTC) foreseeable future trajectory, predicting that the crypto asset could rise to a…

Bitcoin Drops Below 4-Hour MA – Bearish Trend Ahead?

[Apr 27 7:30 AM] Following a pullback, the price of Bitcoin has continued on its downward movement. The coin, after failing to break above the 100-day Simple Moving Average (SMA) and the trend line has experienced a drop of over 6% from its previous high. Will the…

Bitcoin Halving Could Catalyzed $100,000 Price Surge: Bitwise CEO

[Apr 19 8:00 AM] As the cryptocurrency community excitedly awaits the impending Bitcoin halving, Bitwise Chief Executive Officer (CEO) Hunter Horsley has weighed in on its impact on BTC, predicting that the event could potentially propel prices to $100,000 or even…

Avalanche (AVAX) Downtrend Persists Amid Market Uncertainty

[Apr 13 1:30 PM] Generally, the cryptocurrency market is bearish at the moment, with coins like Avalanche (AVAX), Ethereum, Litecoin, XRP, Solana, and others all caught in this trend. Currently, the price of AVAX is on a strong bearish move below the 100-day Moving…

Dogecoin Rally Intensifies: Eyes Set On Historic New Highs

[Apr 7 6:00 AM] After a retracement from its current high of $0.22960, the price of Dogecoin (DOGE) looks like it is not yet done as the memecoin bounced back and moving toward its current high. Dogecoin Price Technical Analysis Dogecoin is one of the few…

Arbitrum (ARB) Poised For Resurgence: Downtrend Reaching Climax?

[Apr 6 4:30 AM] Generally, the crypto market has been experiencing a pullback after Bitcoin and many other coins like Ethereum have recorded a new all-time high of which Arbitrum (ARB) was not left behind. Arbitrum, which has a lot of potential with a market cap…

Solana (SOL) Continues To Soar – How High Can It Go?

[Mar 30 10:00 AM] The Solana network’s native cryptocurrency, SOL, has been on an upward surge in the past three days, climbing from around $180 to over $210. Having failed to break its previous low of $162.74, the coin, which is currently ranked 5th in the…

Bitcoin Rally Continues: Analyst Predicts $70,000 Target Soon

[Mar 5 7:09 AM] Bitcoin continues to maintain its momentum toward the upward trajectory, touching the $68,000 price mark earlier today, leading to speculations about how long it will take to hit a new peak. Bitcoin To Reach $70,000 In A Matter Of Time With the…

Why “Overbought” Bitcoin Could Trigger A 107% Rally

[Jan 31 8:33 AM] Bitcoin price had previously been showing extreme strength leading up until the debut of the first spot ETFs. That strength has since subsided, leading to a 20% correction in BTCUSD. A popular technical indicator that measures momentum, however…

Down But Not Out: The One Line Bitcoin Must Hold To Be Bullish

[May 24, 2023 2:11 PM] Bitcoin price is falling, testing the low $26,000 area of support after weeks of painful, sideways consolidation. While the horizontal support line is clearly important, it’s nowhere near as critical as another line that BTCUSD absolutely must hold…

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…