The recent downtrend in price has stabilized above the May 12 low at $25,338, which contributed to rising momentum on the daily chart. For example, the 14-day relative strength index (RSI) returned above the 50 neutral mark on Monday after reaching extreme oversold levels on May 9.
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The CoinDesk 20 gained 6.5% over the weekend with all but two assets trading higher. Credit: Source link
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