Cryptocurrencies
Buy Crypto as Technicals Hint Dip Is Over, Fundstrat Says
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Most cryptocurrencies are poised for fresh gains and investors should buy, according to technical analysis from Fundstrat Global Advisors.
Relative-strength-index momentum has begun to turn upward from neutral, which is consistent with strong trending markets, Fundstrat technical strategist Rob Sluymer wrote in a note. He said he had been recommending that investors remain patient following the big surge in May, but that now there’s early evidence of renewed potential for gains.