Analyst Gives Green Light for Investment in These Two Cryptocurrencies: Coin Names and Symbols Revealed!
full version at en.coinotag
- The cryptocurrency market is heating up after weeks of uncertainty and significant losses. Amid a potential recovery, some cryptocurrencies are emerging with notable strong momentum. Crypto analyst Vinicius Barbosa indicates that two tokens are signaling a buy.
- Data from CoinGlass generally presents a neutral landscape. In early May, leveraged long position investors lost $400 million in a short time due to market liquidations. This movement followed a four-week period of either loss or neutral price movement among decentralized finance (DeFi) assets.
- In this context, Near Protocol (NEAR) has an interesting setup. It has a strong weekly RSI of 67.86 points and a strengthening daily RSI of 59.93, on the threshold of the ‘strong’ level at 60 index points. At the time of writing, NEAR is trading at $7.48 with a neutral performance in the last 24 hours.
Crypto market heats up with two tokens signaling a buy, according to analyst Vinicius Barbosa. CoinGlass data presents a neutral landscape, but Near Protocol (NEAR) shows strong momentum.
CoinGlass Data Shows Neutral Landscape
In early May, leveraged long position investors experienced a significant loss due to market liquidations. This followed a four-week period of either... Read the full article for FREE at COINOTAG!