🚨Alert! Two Cryptocurrencies in Overbought Zone🔥
According to Finbold, Bittensor ($TAO ) and Artificial Superintelligence Alliance ($FET ) show overbought conditions. Their recent price increases, while attractive, have pushed their Relative Strength Index (RSI) above 70, a sign of possible buyer exhaustion.
FET, with an RSI of 75.42 after a 12.64% rise, and TAO, with an RSI of 75.05 after a 9.47% increase, could experience pullbacks. Although interest in AI tokens, driven by figures like Jensen Huang from Nvidia, could sustain them, caution is key. Traders should watch closely before taking new positions.
According to Finbold, Bittensor ($TAO ) and Artificial Superintelligence Alliance ($FET ) show overbought conditions. Their recent price increases, while attractive, have pushed their Relative Strength Index (RSI) above 70, a sign of possible buyer exhaustion.
FET, with an RSI of 75.42 after a 12.64% rise, and TAO, with an RSI of 75.05 after a 9.47% increase, could experience pullbacks. Although interest in AI tokens, driven by figures like Jensen Huang from Nvidia, could sustain them, caution is key. Traders should watch closely before taking new positions.
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FET
0.733
-3.29%