# RSI Related Articles

HTX News Center provides the latest articles and in-depth analysis on "RSI", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

VIRTUAL traders bet on sustained gains, but can demand break $0.65?

Virtuals Protocol (VIRTUAL) price rallied nearly 5% in 24 hours, with Open Interest up 17% and trading volume doubling to $71.1 million, signaling improved short-term sentiment. However, the broader trend remains bearish, with price action confined within a downtrend since May. The rally has reached a key local supply zone at $0.63-$0.65, which previously rejected bulls in mid-June. While the RSI indicates upward momentum, declining On-Balance Volume (OBV) suggests weak buying pressure. Traders are advised to maintain a bearish bias unless VIRTUAL can decisively break and hold above $0.65 as support, which could open a path toward $1.04-$1.19. Until then, a rejection at this resistance level is expected.

ambcrypto16h ago

VIRTUAL traders bet on sustained gains, but can demand break $0.65?

ambcrypto16h ago

Why Chainlink’s $32.6M whale move could shape LINK’s push toward $9

A transfer of 3.89 million Chainlink (LINK) tokens worth $32.58 million from a Coinbase Institutional wallet to an unknown address drew significant attention, sparking speculation about strategic accumulation by large holders. This coincided with Chainlink's spot exchange netflows turning positive after a prolonged period of outflows, indicating a slight increase in tokens moving to exchanges. However, the overall selling pressure remained limited. Despite improving spot market activity and a price recovery to around $8.35, derivatives data revealed persistent bearish sentiment among futures traders, creating uncertainty. Technically, LINK faces resistance near $8.35. A successful break above this level could target $9, while a rejection might lead to a retest of support near $8.18. The article concludes that while institutional activity and spot buying are supportive, cautious futures positioning continues to challenge the recovery.

ambcrypto23h ago

Why Chainlink’s $32.6M whale move could shape LINK’s push toward $9

ambcrypto23h ago

ONDO team-linked wallet sends 26M tokens to Coinbase – Sell-off next?

An address linked to the Ondo team transferred 26.05 million ONDO tokens (worth ~$9.79 million) to Coinbase. This followed a pattern where previous similar transfers led to sales, increasing the risk of near-term selling pressure. ONDO's price saw a minor pullback to $0.36 but traded near $0.37 with bullish indicators like a positive Buy-Sell Delta and RSI near 64 still intact. However, on-chain data indicates whales have been actively selling, which could weaken the market structure and potentially push the price toward the $0.33 support level. The market faces a tug-of-war between strong spot demand and persistent whale distribution.

ambcrypto07/18 10:02

ONDO team-linked wallet sends 26M tokens to Coinbase – Sell-off next?

ambcrypto07/18 10:02

INJ price prediction – Can Injective’s SEC filing trigger a breakout above $5.20?

Injective (INJ) has recovered above $5, but faces key resistance at $5.20 to break out from its July consolidation range. This price movement follows the project's filing for transfer agent registration with the U.S. SEC, aiming to bring regulated, on-chain record-keeping for tokenized real-world assets and securities. The filing initiates the process and does not imply SEC approval. Injective also published a MiCAR whitepaper to support expansion in the EU, highlighting a broader regulatory push. While the RSI indicates strengthening buying momentum, a decisive move above $5.20 is needed to signal an extended recovery. Failure could see a retest of lower support levels.

ambcrypto07/17 18:10

INJ price prediction – Can Injective’s SEC filing trigger a breakout above $5.20?

ambcrypto07/17 18:10

Derive [DRV] gains 40% on Upbit news – THIS zone marks next major hurdle

Derive (DRV) surged approximately 40% following news of its upcoming listing on the South Korean exchange Upbit, with trading in KRW, BTC, and USDT pairs set to begin on July 14th. The announcement triggered aggressive buying, raising the price from $0.1147 to a peak of $0.19, though it later settled near $0.1471. Market capitalization reached roughly $109.64 million, and 24-hour trading volume spiked by over 1744% to $9.38 million. Technical indicators like the RSI hitting 84.43 prompted early profit-taking, suggesting overheated momentum. The key challenge for DRV is to prove sustained demand beyond the initial listing hype. Maintaining support above $0.131 will be crucial to confirm continued buyer interest, while metrics like holder growth, stable volumes, and exchange flows will determine if the rally can evolve into a stronger, long-term market foundation or follow a typical post-listing reversal pattern.

ambcrypto07/14 19:04

Derive [DRV] gains 40% on Upbit news – THIS zone marks next major hurdle

ambcrypto07/14 19:04

DeXe slips 13% – But here’s why the pullback may be temporary

DeXe (DEXE) has recently pulled back by approximately 13% after a significant rally, gaining over 1,000% in the past six months. This dip is largely attributed to profit-taking by buyers. Analysis of the price chart indicates the sell-off may be temporary. Key demand zones are seen as potential support levels, with the first zone being the most likely to hold. Technical indicators support this view: the Accumulation/Distribution line shows slight upward divergence despite falling prices, and the RSI remains in a neutral-bullish range near 52. Furthermore, spot market data reveals a sharp decline in net selling pressure, dropping more than tenfold from its recent peak. The evidence suggests the current weakness is a slowdown within a longer-term bullish trend rather than a decisive reversal.

ambcrypto07/14 16:02

DeXe slips 13% – But here’s why the pullback may be temporary

ambcrypto07/14 16:02

Can ARB’s price absorb 92.65M new tokens without losing its pace?

On July 16th, 92.65 million ARB tokens (worth approximately $8.53 million) are scheduled to unlock, representing 1.65% of the current circulating supply. The release will be allocated to the Arbitrum team, advisors, and investors. While token unlocks do not always lead to immediate selling, they can impact price in the short term. Despite the impending event, ARB's price has recently recovered above $0.09, with technical indicators like RSI and MACD suggesting positive momentum and buyer dominance. Additionally, rising aggregated open interest and a positive funding rate indicate traders are largely holding optimistic, long positions. However, this sentiment could increase volatility if the market moves contrary to expectations. The key question remains whether buying demand will be sufficient to absorb the new token supply without disrupting the recent price recovery.

ambcrypto07/14 07:03

Can ARB’s price absorb 92.65M new tokens without losing its pace?

ambcrypto07/14 07:03

Jito price recovers – Assessing if JTO can flip $0.67 into support

Jito (JTO) price recovered 11.5% to trade around $0.665 after buyers defended the $0.6 support level. The rally was fueled by renewed speculative demand, with derivatives volume surging 86% and open interest up 21%, indicating new long positions. However, significant profit-taking was observed, with a 364% jump in spot net flow to exchanges suggesting active selling pressure. While key momentum indicators like the RSI improved, they remained below the neutral 50 level, indicating bulls have not fully regained control. For the upside to hold, JTO needs to convert the $0.67 level into support and push the RSI above 50 to target $0.70. Failure to do so risks a retracement back below $0.59 due to ongoing selling activity.

ambcrypto07/14 02:01

Jito price recovers – Assessing if JTO can flip $0.67 into support

ambcrypto07/14 02:01

Decred breaks multi-month downtrend – Can DCR hit $16.68 next?

Decred (DCR) surged 24% in 24 hours, breaking a multi-month downtrend and drawing renewed market attention with trading volume spiking over 400%. Despite the sharp price rise, data showed sellers remained active, though buyers absorbed the pressure. The rally featured increased whale-sized orders, indicating stronger institutional participation. Technically, DCR broke above a key descending channel and rebounded from support near $10.67, now targeting the next major resistance at $16.68. The Relative Strength Index entered overbought territory, signaling strong buying but potential short-term exhaustion. For the recovery to continue toward $16.68, buyers must sustain momentum and defend the breakout level against persistent selling pressure.

ambcrypto07/13 15:07

Decred breaks multi-month downtrend – Can DCR hit $16.68 next?

ambcrypto07/13 15:07

Ethereum whales add $20.6M in ETH – Is $2,000 within reach?

Ethereum (ETH) has reclaimed and held the $1,800 price level. Despite struggles to maintain a clear uptrend, large-scale investors, or "whales," are actively accumulating. On-chain data reveals two significant whale purchases totaling 11,306 ETH, worth approximately $20.59 million. This accumulation aligns with broader market signals showing sustained demand: exchange netflows have been negative for eight consecutive days—the longest streak this year—indicating more ETH is being withdrawn from exchanges than deposited. Consequently, the available supply on exchanges has decreased, with the Exchange Supply Ratio hitting a three-week low. The Relative Strength Index (RSI) remains above 50, supporting a bullish momentum. For ETH to target the $2,000 level, it must maintain its position above the short-term moving average at $1,778. Continued accumulation and controlled supply could pave the way for further price appreciation.

ambcrypto07/12 15:03

Ethereum whales add $20.6M in ETH – Is $2,000 within reach?

ambcrypto07/12 15:03

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