Solana (SOL) Looks Overbought Against Ethereum (ETH); BTC-Gold (XAU) Ratio Stuck in a Downtrend



Some savvy traders see an overbought RSI, especially on longer duration charts, as a sign of bullish solid momentum or evidence of the path of least resistance being on the higher side. As the adage goes, the RSI can stay overbought longer than bears can stay solvent.



Source link

Nu Moon

Related Posts

Analyst Exposes Ethereum Ascending Support At $2,400 – Best Chance To Accumulate ETH?

Este artículo también está disponible en español. Ethereum is trading at $2,500, following a 9% pullback from recent highs after it failed to establish a higher high above $2,820. This retrace has sparked renewed interest among investors, with top analyst and investor Carl Runefelt sharing a technical analysis that points to a promising setup…

Bitcoin Bound For $100,000 As Bitwise CIO Claims It ‘Doesn’t Need Washington’ To Succeed

With just four days to go until the US presidential election, crypto enthusiasts are hoping that a victory for their preferred candidate will lead to a higher Bitcoin (BTC) price. Who Will Be More Beneficial For Bitcoin? From a crypto-enthusiast perspective, the 2024 US presidential elections are unlike any other as both candidates recognize…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

SEC Issues Wells Notice to Immutable, Alleging IMX Token Violations

  • By
  • November 1, 2024
  • 1 views
SEC Issues Wells Notice to Immutable, Alleging IMX Token Violations

Analyst Exposes Ethereum Ascending Support At $2,400 – Best Chance To Accumulate ETH?

  • By
  • November 1, 2024
  • 1 views
Analyst Exposes Ethereum Ascending Support At $2,400 – Best Chance To Accumulate ETH?

Bitcoin Bound For $100,000 As Bitwise CIO Claims It ‘Doesn’t Need Washington’ To Succeed

  • By
  • November 1, 2024
  • 1 views
Bitcoin Bound For $100,000 As Bitwise CIO Claims It ‘Doesn’t Need Washington’ To Succeed

GOAT Gaming: Step into Reward-Driven Web3 Games and Win Big!

  • By
  • November 1, 2024
  • 1 views
GOAT Gaming: Step into Reward-Driven Web3 Games and Win Big!

Kamala Harris Odds Rise on Polymarket as ‘Election Fraud’ Allegations Ramp Up Donald Trump Hedge Bets

  • By
  • November 1, 2024
  • 1 views
Kamala Harris Odds Rise on Polymarket as ‘Election Fraud’ Allegations Ramp Up Donald Trump Hedge Bets

The Latest Fake Satoshi is the Fake Bitcoin Creator We All Need

  • By
  • November 1, 2024
  • 1 views
The Latest Fake Satoshi is the Fake Bitcoin Creator We All Need