CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Finbold 2025-02-25 18:59:31

Buy signal for two oversold cryptocurrencies this week

The cryptocurrency market has suffered a major downturn, wiping out $325 billion in market capitalization since February 21, with $150 billion liquidated in just the past 24 hours according to CoinGlass data . The sell-off has sent shockwaves across the sector, dragging down major digital assets and severely impacting liquidity in the once-booming memecoin market. Donald Trump’s renewed tariff threats are creating uncertainty across the sector, while a $1.4 billion security breach at Bybit adds another layer of instability. Amid this backdrop, Finbold analyzed the Relative Strength Index ( RSI) heatmap from CoinGlass on February 25. With an average 12-hour RSI of 37.50, Finbold identified potential buy opportunities even as volatility continues to challenge market stability. Bitcoin (BTC) Bitcoin ( BTC ) is flashing a potential buying opportunity as extreme oversold conditions suggest a short-term rebound. The four-hour RSI has dropped to 17.35, while the 12-hour RSI sits at 20.63, both indicating significant selling pressure that appears to be waning. Crypto Market RSI Heatmap, 12-hour chart: BTC. Source: CoinGlass Meanwhile, the 24-hour RSI of 27.22 confirms prolonged weakness, a signal that has historically preceded corrective bounces. BTC has plunged 9.79% in the last 12 hours, marking a potential local bottom where accumulation often begins. The technical analysis further supports this outlook, with analysts suggesting that BTC is experiencing a typical bull cycle pullback, a phase where sharp dips create opportunities before the next leg higher. Historical trends indicate that BTC could soon stage a strong recovery , making this a compelling entry point for buyers. XRP XRP is showing similar signs of a potential bottom, with its 12-hour RSI at 27.48 and 4-hour RSI at 25.25, both well below the oversold threshold of 30. Crypto Market RSI Heatmap, 12-hour chart: XRP. Source: CoinGlass XRP has plunged 14.8% in the last 12 hours, creating a setup where buyers may soon regain control. Its 24-hour RSI at 33.36, though slightly above the oversold threshold, shows undervaluation aligning closely with broader market conditions. Supporting these RSI-based signals, weekly technical indicators also lean bullish , with moving averages flashing a strong buy signal despite some mixed signals. The Exponential and Simple Moving Averages across multiple timeframes remain in buy territory, further strengthening the long-term bullish outlook. While short-term momentum indicators like MACD remain bearish , the broader trend favors accumulation before a potential recovery. While RSI points to a potential rebound for BTC and XRP, relying on a single indicator comes with risks. Market conditions remain volatile, and broader factors like volume, and fundamental developments play a crucial role in shaping price action. Featured image via Shutterstock The post Buy signal for two oversold cryptocurrencies this week appeared first on Finbold .

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen