Traditional analysts consider an asset to be excessively sold after its RSI reading fall below 30. Furthermore, they also see the drop as an opportunity toEther’s previous oversold reading appeared in the week ending on Nov. 12, 2018, whichWhile past performances are not indicators of future trends, the latest RSI’s move below 30 raises the possibility of Ether undergoing a similar—if not an equally sharp—upside retracement in the future..
If it does, bulls could eye an extended upside move toward the 50-week EMA above $2,700, up almost 100% from the price of June 12. If not, Ether could resume its downtrend, with $1,120 serving as the next target, a level coinciding with the token's 0.782 Fib line, as shown in the chart below.Macro headwinds and a $650 Ether price target
The RSI-based bullish outlook appears against a flurry of bearish headwinds, ranging from persistentlyIn detail, Ether’s price declined by more than 20% in the last six days, with most losses coming after June 10, when the United States Labor Department
The cats out of the bag with Etherium, so many red flags in recently with eth and its ecosystem
Was also in a bull market
SELL ATOM 📉⚰
Whatever happens happens, I'm going to be accumulating anyway. Adding as much $BIT to my bag with 0 worries thanks to the BitDAO buyback program purchasing $700k worth of $BIT everyday, totaling $21M each month. Absolutely nothing to worry about when it comes to BitDAO.
Anyone that is accumulating $FTRB from RealFaithTribe will also see huge returns in the next few months. FaithTribe is the best fashion and NFTs projects that is performing beyond expectations. Buy from Uniswap or from Bitmart and Ascendex exchange.
This time will be 100% more
i am a gambler！
More dump this time I guess
Its crypto winter till end of year. Works in 4 yr halving cycles. Parallels with 2018
Goes to zero
It will drop additional 40%
xMooneyToken That's just 8x !!
AuroraFS_Labs platform allows you to upload,exchange,share and explore any type of information Metaverse Decentralization web3
upcoming luna
Firstrade crypto branch would be provided by a company called APEX crypto BSC crypto
Anyone that has the guts to test that at this point has Viking blood. I was jumped for saying BTC was going to $30K back in March. The crypt’s are cray!
The bigger the challenge, the greater risk I’ll take, the more contented I am.
xMooneyToken Buy Dogecoin
xMooneyToken Just check with Jim Cramer. If he says sell, you know what to do!
Shit here we go again
Overbought since $600
420.69
Gutter
😌 XRP
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Cointelegraph - 🏆 562. / 51 Read more »