The cryptocurrency market remains subdued at the moment, with few major price catalysts present to push prices in either direction.
However, Bittensor (TAO) and Artificial Superintelligence Alliance (FET) are operating in the overbought zone, making them susceptible to a possible significant reversal.
Indeed, these assets have shown short-term rallies that may tempt traders into chasing green candles. Still, the overbought conditions often precede a stall or pullback.
Notably, these conditions are highlighted by the Relative Strength Index (RSI) readings. The RSI measures recent price momentum on a scale of 0 to 100. A reading above 70 signals overbought conditions, suggesting a potential slowdown or pullback.
While not a guaranteed reversal, it often serves as a warning for traders to proceed cautiously or consider taking profits.
Artificial Superintelligence Alliance
FET, currently trading at $0.615, has surged 12.64% over the past 24 hours. However, its 12-hour RSI
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