The cryptocurrency market is still in a distinct downward trend. This is largely due to Bitcoin's difficulties in surpassing the $60,000 level.

Crypto analyst Aneena Alex identified potential buy signals in two cryptocurrencies by examining CoinGlass' technical indicators. Based on the Relative Strength Index (RSI) and other technical indicators, MANTRA (OM) is showing strong buy signals. The RSI values ​​for OM on different time frames are noteworthy; The 15-minute RSI is at 48.11, the 1-hour RSI is at 50.06, and the 4-hour RSI is at 60.68, all indicating an uptrend. The 12-hour RSI 67.25 and the 24-hour RSI 64.76 also provide positive upward momentum. Despite minor price corrections, the current RSI trend points to potential buying opportunities.

Besides the RSI, other technical indicators also reinforce the bullish outlook for OM. The Moving Average Convergence Divergence (MACD) indicator provides a bullish crossover indicating upward price movement. Different time frames, such as the 10-day and 50-day Exponential Moving Averages (EMA), show the potential for a strong upward price movement. Additionally, the Commodity Channel Index (CCI) and Average Directional Index (ADX) also present a positive outlook for OM.

Horizen (ZEN) is also giving strong buy signals according to various technical indicators. Short-term RSI values, with the 15-minute RSI at 34.98 and the 1-hour RSI at 32.02, indicate that ZEN is oversold and has the potential for a recovery. The 4-hour RSI at 46.65 and the 12-hour RSI at 60.7 also highlight increased buyer interest. This is also supported by the 24-hour RSI 61.4 and the weekly RSI 52.5, confirming a stable buying trend. ZEN's price has increased by 11.73% in the last 24 hours and this is supported by RSI values.

Additional technical indicators reinforce the positive outlook for ZEN. The MACD offers a bullish crossover, indicating a potential price increase. EMAs on different time frames create a strong buy signal with the short-term EMAs being above the long-term EMAs. Moreover, CCI and ADX are also showing a solid upward trend for ZEN, indicating a strong uptrend.

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