Ethereum and Bitcoin have both hit the lower end of the RSI Indicator. 8 weeks of red and frustration from recent events have created a situation where the new bull market could result in a possible new high. Most interestingly is the Weekly (14) RSI is at a history low indicating the market has exhausted its selling pressure. Targeting 63 RSI on the daily BITCOIN CHART followed by a correction before rocketing the Daily 73-77RSI range.
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