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Guys be careful Sell signal is coming for two overbought coins this week

1.XEC

2 Dent

why it so let's konw
1. eCash (XEC) could be overbought
In particular, eCash (XEC) has the highest daily and weekly RSIs among other cryptocurrencies. According to CoinGlass’s data, XEC is overbought in both time frames with 89.36 and 79.27 index points, respectively.

Interestingly, eCash is a direct fork from Bitcoin. It is up 53.57% in the last seven days to $0.00006892, following BTC’s leadership. A retracement is possible if Bitcoin continues its expected correction, which could go as low as $50,000.

Crypto market RSI heatmap: 1000XEC. Source: CoinGlass
It is worth mentioning that eCash is valued at a $1.34 billion market cap at its current prices. Thus, it has 19.65 trillion XEC as its circulating supply.

2. Sell signal to Dent (DENT)
Second, there is Dent (DENT), a low-cap with a $220 million market value also displaying an overbought status. DENT has a daily RSI of 75.51 and a weekly RSI of 78.32, threatening a sell-off if the momentum weakens.

Essentially, it is an ERC-20 token running on Ethereum (ETH), built for a digital mobile operator startup. DENT trades at $0.002243 by press time, with weekly gains superior to 12%.

Crypto market RSI heatmap: DENT. Source: CoinGlass
On the other hand, having an overbought RSI does not guarantee a price crash or trend reversals. The cryptocurrency market is highly volatile, and projects usually respond aggressively to news and relevant events – highly influenced by whale activities

so Guys be careful

if my information is useful for you than may like
thanks
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