Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross
A death cross occurs when a short-term moving average drops below a long-term moving average, signaling a potential long-term bearish shift in momentum.
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Technical Analysis
A death cross occurs when a short-term moving average drops below a long-term moving average, signaling a potential long-term bearish shift in momentum.
The cryptocurrency market‘s total capitalization has re-visited the $2.5 trillion level, untouched since 2021. Cardano (ADA) still lags behind in … Continue reading
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Never before has the RSI been this overbought alongside an above-$60,000 bitcoin price, analysts at The Market Ear explained.
Brandt expects bitcoin’s ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.
Ether’s 14-week RSI has topped 70, a threshold that marked previous parabolic bull runs.
Bitcoin (BTC) is trading above the $47,000 level, playing exactly as reported by Finbold on January 27. Now, BTC may … Continue reading
The post Bitcoin sell-off alert: Price drop below $40k imminent? appeared first on Finbold.
Bitcoin’s RSI divergence signals correction, 10x Research said.
Key indicators tracking Bitcoin’s blockchain activity, miner flows and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.
The pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment, one observer said.
The bullish pattern comes months ahead of bitcoin’s fourth mining reward halving.