Bitcoin Hits Lowest RSI Level Since 2016 - Today's Crypto Report
Bitcoin (BTC) hit it's lowest RSI (relative strength index) level since 2016 suggesting that the cryptocurrency is oversold and that the selloff might be over. RSI levels under 30 suggest that an instrument is oversold and levels above 70 suggest that it's overbought. Bitcoin and the cryptocurrency markets seem to have stabilized at the moment finding some support over the past 24 hours. Cardano (ADA) also overtook Stellar Lumens (XLM) in terms of marketcap to become the 7th largest coin. Bitcoin is up 0.84% and is currently trading at $6,534.00 on Coinbase.
Here's what's going on in the crypto markets today;
Top cryptocurrencies by market cap:
#Ethereum (ETH) is up 2.74% and is currently trading at $488.50 #Ripple (XRP) is up 3.18% and is currently trading at $0.553790 #Bitcoin Cash (BCC) is up 3.30% and is currently trading at $871.58 #EOS (EOS) is up 6.13% and is currently trading at $10.39 #Litecoin (LTC) is up 1.2% and is currently trading at $97.03
#Cardano (ADA) is up 8.06% and is currently trading at $0.168615
#Stellar (XLM) is up 4.04% and is currently trading at $0.232946 #IOTA (MIOTA) is up 5.48% and is currently trading at $1.27
#Tron (TRX) is up 6.01% and is currently trading at $0.043638
Today's top % gainers:
#All Sports (SOC) is up 25.44% and is currently trading at $0.151146
#Siacoin (SC) is up 24.93% and is currently trading at $0.015156
#Nano (NANO) is up 17.01% and is currently trading at $2.91
#ICON (ICX) is up 13.34% and is currently trading at $2.16
#DigixDAO (DGD) is up 11.68% and is currently trading at $116.88
Today's biggest % losers:
#Kin (KIN) is down 5.18% and is currently trading at $0.000147
#Maker (MKR) is down 4.78% and is currently trading at $593.54 #Veritaseum (VERI) is down 4.73% and is currently trading at $66.87
#Dogecoin (DOGE) is down 4.19% and is currently trading at $0.002909
#GXChain (GXS) is down 4.01% and is currently trading at $3.36
