Virtually all cryptocurrencies have reached oversold regions. Some are consolidating for a possible rebound. Could the downtrend be over when cryptocurrencies are oversold? When to expect buyers to emerge in the oversold region?

Chainlink (LINK) has fallen below the moving averages after being rejected from the high of $28. Today, the cryptocurrency has fallen to the low of $15. The $15 price level is the previous low of the December 4 price drop.

Polkadot (DOT) has fallen to an all-time low of $0.22 on September 21, 2021. Today, the altcoin is hovering above $22. In recent price action, the DOT price has held above $23, the previous low of the December 4 price drop.

The post Altcoins Like THETA, SUSHI & XTZ Are Gearing Up For 20% Upswing, What Will the Top 10 Cryptos Do Now? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

NFTs work on Ethereum, yet the surging demand for NFTs could not assist the ETH price rally. Yet the price maintained the same narrow trend along with the most dominant crypto Bitcoin. Also, it is a known fact that the traders are more into NFTs than the traditional cryptos and the DeFi’s. Therefore, once the …