The relative strength index (RSI) on the daily chart is almost oversold, similar to what occurred in late-July and September, which preceded near-50% price rallies. Still, buyers will need to break above the $60,000-$65,000 resistance zone in order to yield upside price targets.
First Mover Asia: Bitcoin Falls in Pre-Holiday Trading; Ether Drops – Coindesk
![](https://almosthomebiz.com/wp-content/uploads/2021/11/nmprofetimg-2520.png)