Sonic price eyes reversal as bullish RSI divergence forms.

Sonic price forms bullish RSI divergence near the value area low. Holding $0.03 support could trigger a corrective rally toward $0.04 resistance. Summary Bullish Signal: RSI divergence forming near the value area low. Key Support: Price must hold $0.03 and the 0.618 Fibonacci level. Upside Target: Potential rally toward $0.04 high-timeframe resistance. Sonic (S) is currently trading at a critical technical…

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Ethereum ‘Ultrasound Money’ Pivot Did Not Help ETH Price Beat Bitcoin

Ether (ETH) has dropped roughly 65% against Bitcoin (BTC) since Ethereum’s 2022 shift to Proof-of-Stake (PoS), casting doubt on the network’s “ultrasound money” thesis. Key takeaways: ETH/BTC three-day performance chart. Source: TradingView Ether’s ultrasound money narrative disappoints The idea behind “ultrasound money” was that Ether would become even scarcer than Bitcoin. Supporters argued that Ethereum’s…

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