RSI

Dutch analyst PlanB argues that despite a recent 30% correction, Bitcoin remains heavily undervalued based on his Stock-to-Flow model. He outlines three potential market scenarios, suggesting that institutional investment may be dampening volatility and setting the stage for a sustained bull run.

Despite a 25% year-to-date decline and a 44% drop from its July peak, technical analysts are spotting bullish signals for XRP, including a bullish divergence on the RSI and a hold above key historical levels.

Ethereum has dropped over 32% in three months, and despite a recent bounce, key indicators like the RSI show bearish divergence. Long-term holders are also offloading hundreds of thousands of ETH, suggesting the recovery may be weak and further downside is possible.

Bitcoin’s price shows a modest recovery, up several percent from its 24-hour low, but analysts caution that the bottom may not yet be in. The RSI indicates oversold conditions, and the market awaits a decisive move.