While most cryptocurrencies turned drastically bearish this week amid geopolitical tensions following the Iranian offensive against Israel, two projects remain with an overbought Relative Strength Index (RSI), making for a potential sell signal.
The cryptocurrency market has been dipping since April 12 due to the escalation of the Iran-Israel war and macroeconomic uncertainties. Notably, the average weekly RSI indicator for all cryptocurrencies dropped below the neutral-50, evidencing the overall loss of momentum.
In the meantime, some projects have maintained a strong RSI indicator, showing uncorrelation with the general market. Thus, it suggests that these assets are either backed by solid demand and may hold this momentum longer or are laggards, waiting for further correlation.
Finbold gathered data from CoinGlass and TradingView on April 17, looking for potential overbought sell signals.
Sell signal to BNB Chain (BNB)
In particular, the BNB Chain (BNB) token remains ov
We współpracy z: https://finbold.com/sell-signal-for-two-yet-overbought-cryptocurrencies-this-week/
