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#RSI divergence

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Bitcoin Hits $87,000: How High Can BTC Go?
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Bitcoin Hits $87,000: How High Can BTC Go?

Key Highlights Bitcoin has broken above its 50-week moving average (~$78,320) and the May swing high, confirming a five-wave Elliott Wave structure from the July low that signals a sustained uptrend rather than a counter-trend bounce. The cryptocurrency has reached the pattern’s minimum target near $85,000, with primary upside objectives between $88,600 and $92,220 and ...

Shiba Inu (SHIB) Builds ‘Bull Combo’: Will Weekly Chart Finally Delete a Zero?
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Shiba Inu (SHIB) Builds ‘Bull Combo’: Will Weekly Chart Finally Delete a Zero?

Key Highlights Shiba Inu ($SHIB) forms a classic bullish RSI divergence on the weekly chart while trading near a local bottom at $0.00000547, signaling potential seller exhaustion. The token has posted a 6.72% weekly gain and established local support, but faces critical resistance at the 200-week moving average near $0.0000122. A confirmed breakout above the ...