🔍 Cryptocurrency Analysis: $ENS and Cyber Indicate Sell Signals!💹
In recent days, the cryptocurrency market has shown significant volatility, with many assets shifting from overbought positions to more neutral or oversold positions. Let's dive into the two cryptocurrencies that analyst Aneena Alex pointed out as having strong sell signals this week!
🪙 Ethereum Name Service ($ENS )
- Current Price: $20.82 📈
- Change in the last 24 hours: +4.40%
- RSI:
- 1 hour: 50.03
- 4 hours: 77.73
- 12 hours: 76.41
- 24 hours: 69.57
ENS has been a standout, with impressive growth of 57% in the last 7 days and 36% in the last 30 days. Furthermore, trading volume has increased by 44% in the last 24 hours. However, the high RSI suggests that the coin is overbought. Former core team member Brantly Milligan recently sold $14.14 million worth of ENS tokens, which coincided with a significant price increase. 📊
🚨 Sell Alert: ENS is approaching a resistance level of $26.5. With high RSI levels and significant recent selling, analysts suggest that there could be a price correction soon. A sales opportunity for those looking to make profits! 💰
🪙 Cyber ($CYBER )
- Current Price: $9.43 🚀
- Change in the last 24 hours: +6.60%
- RSI:
- 15 minutes: 53.75
- 1 hour: 61.19
- 4 hours: 78.09
- 12 hours: 75.53
- 24 hours: 58.93
Cyber is also attracting attention, with notable growth in the last 24 hours. The 4-hour and 12-hour RSI levels indicate that the coin is in overbought territory, suggesting a potential sell signal. 📉
🚨 Sell Alert: With RSI levels indicating overbought, Cyber appears to be about to face a correction. Attentive traders may consider this a good opportunity to sell and maximize their returns. 💵
