Map of crypto assets by RSI for June 3 - the crypto market cooled down over the week.
Immediately to the conclusions - the week had a good effect on the market. There were no significant drawdowns in key assets, but the overall picture became a little lighter. If we compare RSI maps from#Coinglasson May 28, the four-hour and daily timeframes showed a partial and noticeable unloading - there were slightly more oversold assets. Weekly TF has changed little.
Not now:
On the four-hour timeframe in the oversold zone there are more assets than a week earlier: #STEEM, #MTL, #LSK, #SNX, #MKR, #POWR, #UNI, #ETC, #TRB, #BNX, #ENJ, #UMA, #UNFI, #ZEC, #ORBS, #STMX. The absolute majority is in the neutral zone, while there are also many assets in overbought: #TLM, #FRONT, #KAS, #BNB, #DAR, #COMBO, #SUPER, #SPELL, #COTI, #MAVIA, #API3, #OM, #YGG, #MINA, #ACE, #ROSE, #LINA, #MAGIC, #AXS, #INJ, #BTC, #HOT, #RONIN, #RIF, #DODOX, #REEF, GTC, #XMR, #KNC, #PIXEL.
Daily TF - oversold: #XEM, #WAVES, #OMG, #BLZ, #MTL, #LSK, #ONG, #ORBS, #ZETA, #TRX. Moreover, a week earlier there were only#TRXand #BLZ. Most assets are still in the neutral zone. There are still many assets in overbought conditions. Some continue to grow, breaking reversal signals. Today on the list: #JASMY, #XMR, #PEOPLE, #AGLD, #TLM, #KLAY, #SPELL, #LINA, #OM, #ONDO, #BIGTIME, #PIXEL, #YGG, #TOKEN, #DAR, # COMBO, #ALPHA, #AMB, #BNT, #DODOX, #RONIN, #TWT, #TRU, #NFP, #ROSE, #ACE, #STG, #ENS, #FLOKI, #PEPE, #ETH, #LINK.
Weekly TF - here the situation has changed little. Assets are still widely scattered across the map and consolidation is gradually taking place in the neutral zone. At the same time, there are also oversold ones (#GAS, #DYM, #USTC, #MANTA, #MOVR, #HFT, #FXS, #AUCTION, #MAVIA, #WAVES, #XEM, #GLM, #ASTR, #ORBS, #LQTY, #MAV, #HOOK, #QNT, #COMBO, #OMG, #BLUR, #DYDX, #STRK, #SUI), and overbought (#PEOPLE, #JASMY, #BNB, #TIA, #PEPE, #ONDO, # HIGH, #ALICE, #BTC, #WIF, #SUPER, #NTRN, #ETH, #NEAR, #ORDI, #AR, #ENS, #CHZ, #JUP, #TRU, #LPT, #RSR, #SPELL, #RNDR, #SOL).
