Polkadot Price Upcoming Move As The Bears Emerge.
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Bitcoin Price Near To $50k Anytime Soon.
2021-08-16 | Big Bob
The RSI [Relative Strength Index] on the 4-hour chart is near overbought levels, which usually precede brief pullbacks. The last extreme overbought reading on 26th July occurred before a 10x times pullback.
Bitcoin has maintained a series of upper price highs since the transfiguration breakout above $42k. This suggests buyers still defend support levels as the broader uptrend improves.
The weekly chart has positive momentum signals almost like the beginning of a crypto rally around November last year.
