Ethereum Shows Rare Oversold Signal at $4K

Maximize your profits in Binance Futures trading! Get free Bitcoin trading signals and access the Cornix trading bot for top-tier automated trades – https://telegram.me/cryptosignalalert.

Download our free app to receive real-time signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app.

Ether price weakness over the past two weeks has resulted in the relative strength index flashing a potential bottom signal not seen since early April.

Ether’s “rare oversold” RSI, historically tied to major ETH price rallies, suggests a price reversal in the short-term.

ETH traders say price must stay above the $3,800-$3,900 range to avoid more losses.

Ether traders expect a short-term bounce as a key ETH price metric sinks to its lowest levels in several months.

Data from Cointelegraph Markets Pro and TradingView revealed extremely “oversold” conditions on the ETH/USD relative strength index (RSI).

ETH price dip sends RSI back to April
Ether's 20% drop below $4,000 from $4,800 over the last two weeks has significantly impacted low-time frame RSI.

On the four-hour chart, the RSI fell from local highs of 82 on Sept. 13 to six-month lows of 14.5 on Thursday.

We constantly analyze the Binance Futures market to uncover the most profitable trading opportunities.

Our expert team conducts daily market research to identify the best trading prospects.

Need help? Our dedicated support team is here to guide you every step of the way, ensuring a seamless trading experience.

Get daily Futures trading signals based on market trends, with an impressive accuracy rate of over 90%.

Rated 5 stars, our service is highly recommended by traders worldwide!

Comments

Popular posts from this blog

BTC Dumps to 2-Week Low With $350M in Liquidations

Is 2025 the Calm Before Crypto’s Big Change?

Two members of the crypto community engaged in a $1 million bet!