Cryptocurrency Market in an Oversold Zone After a Strong Correction“Even without an additional sharp decline

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Cryptocurrency Market in an Oversold Zone After a Strong Correction

“Even without an additional sharp decline, the market has already been sufficiently lightened, making it a favorable zone for a potential upward move without the need for further significant drops.” – Read More

By Crypto Dan | @cryptoquant_official

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Create: 2025-03-13
Last Update: 2025-06-01 11:20:51

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Date: 2025-06-01| CryptoQuant

However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.