Undervalued altcoins are moving positively towards previous highs. The best performing altcoins trade in the bullish trend zone as they make a relief rally to the upside.
Virtually all cryptocurrencies, including the biggest losers, have regained bullish momentum as altcoins rally. The performance of the losers indicates that they are posting minimal losses or minimal gains.
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?