With the support level at (155), 100D moving average (156.50) and RSI 30 (oversold). Good opportunity.
With 100D moving average (30.70), RSI at (30) (oversold) and the support level at 30$ it is good opportunity to buy. I think the short must covering as soon as possible and from my analysis I can see the next stop is between 37.50-40.0$
The overall market sentiment remains bullish as investors consolidate their positions pre-halving. The RSI indicator has gone up further in the overbought zone and is hovering around 78.05.
Key Levels To Watch & Next Possible Targets. The RSI Indicator: The RSI continues to support the bullish trend.
XRP price is trading in positive territory. The next major target to tackle will be the $0.2000, a breakout and closure above is key.
Bitcoin actually found support at $6,765 which is provided by a short term .236 Fibonacci Retracement level.
RSI was at a decision point. As you might have guessed, the RSI chose the bullish side, and now facing resistance at 40. The real test of the RSI will be the 50 level, which designates bull markets.
After falling 50.8% last week, Bitcoin (BTC) price appears to have found solid ground and the cryptocurrency has held the $5k mark quite well this week.
The RSI is at the lowest level (oversold) and the Stochastic is oversold. This is a good time to start thinking of accumulating and looking for buy signals.