cryptocurrency The markets are not having good times this week either and BTC has made a new low at $92,690. altcoin Its investors have suffered double-digit losses in recent days. So how long will this decline continue? The current picture is not surprising since we are in the holiday week and the Fed’s 2025 expectations are gloomy. So which cryptocurrencies are at buying levels?
Altcoins at Buy Level
RSI data is relevant to us crypto- It shows how oversold or overbought currencies are. Generally, the RSI does not linger in the overbought zone for too long and is expected to decline. Below you see the current status of more than 100 cryptocurrencies in 4 hours. As it approaches the ceiling, it means there is overbought in the relevant altcoins, and as it approaches the bottom, it means there is oversell.
You can see the weekly data in the table below for a wider time period. Here AAVESUI, XRP, OM, UXLINK It seems that rapid sales may occur in a possible rapid BTC decline. Altcoins such as DOGS, NEIROETH, RARE, SUN are approaching oversold. So the bottom must be near for these too.
Of course altcoins It is also possible that they may experience excessive sales due to their own internal problems, continue this for a long time, and then become history. It is risky for investors to create investment strategies by looking at a single data.
Kyledoops shared the second image today and wrote;
“Weekly Crypto RSI Heatmap: After the recent decline, most coins are back in the neutral zone with an average RSI of 50.06.”
The neutral zone generally indicates that the correction may be complete for altcoins.
USUAL and Bitcoin Comment
Today Binance stock exchange USUAL CoinHe announced that he is investing in , so it may be necessary to keep an eye on important price levels. Altcoin Sherpa drew attention to possible price targets by sharing the chart below. With the BTC price experiencing a comeback, the following targets for the relevant altcoin may quickly come to the fore.
Jelle wrote the following in his assessment of BTC just before the US market opening today:
“Bitcoin
$95,971.3 The 2-year MA Multiplier has historically been an excellent tool for knowing when to exit the market. As it stands, it projects a cycle peak around ±230K. “There is plenty of room to grow.”
Time will tell whether he is right or not.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
