The market is still falling. Is there a chance to buy the bottom of altcoins?
Is it time to invest in altcoins? Whales are looking at these altcoins in the buying zone!
Bitcoin has been in a downward trend since it approached $65,500 at the beginning of this week, and altcoins are also keeping up with the downward trend.
The decline of Bitcoin and altcoins has created opportunities for those who want to buy at low prices.
Therefore, Bitcoin, Ethereum ETH, BNB, SOL, are suitable for buying the bottom.
Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced sharp declines and increases in the past, so it is recommended to buy on dips.
According to the relative strength index (RSI), some popular altcoins look very cheap and are in the buying zone, such as the RSI of TON, ADA, and AVAX.
The RSI level is 41.3 on BTC; 41.5 on ETH; 44.8 on BNB; 48.7 on SOL;
46 on XRP; 49 on DOGE; 55.1 on TON; 42.6 on AVAX; 38.4 on SHIB and 32.3 on ADA.
According to the RSI, most of the top cryptocurrencies are in slightly overbought territory.
Popular indicator RSI, widely used in technical analysis; "This shows that ADA is the best potential buy candidate with the lowest RSI, and SHIB is also a good choice.
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