The technical indicators of Altcoins in crypto currency markets have been giving remarkable signals. Many Altcoin, such as Kaıto, Bera, Gno, Deep, AIOZ, IP and FET, are located in the extreme purchase zones, while daily MACD indicators still retain the tendency to decline. In addition, the funding rates of these coins at the most negative levels reveal high interest in short positions. The current situation of the market shows both opportunities and risks for investors, while technical indicators show that they should be cautious in the short term.

Kaıto and technical indicators for these 6 attract attention

Recently, the technical indicators of Altcoins in crypto money markets attract investors’ attention. In particular, according to the analysis platform Alphractal, the fact that many Altcoin’s 1 -hour Relative Power Index (RSI) value is over 60 shows that these assets are in the extreme purchase zone. This indicates that prices may experience correction in the short term.

RSI is an indicator of momentum that measures the speed and change of the price movements of an asset. The value of more than 70 indicates that the asset is in the extreme purchase zone and that a potential price correction is approaching. In contrast, values ​​below 30 indicate the over -selling zone and show the potential of the price to increase. Currently, the fact that many Altcoin’s 1 -hour RSI values ​​are over 60 may be a harbinger of a possible correction that prices are in the overput area in the short term.

On the other hand, the mobile average convergence Iraq (MACD) indicator is used to determine the direction and momentum of the price trend of an asset. The fact that daily MACD values ​​are still in the decrease zone shows that long -term trends of Altcoins are still downward. This emphasizes that despite short -term earnings, the general market tendency is in the direction of decrease and that investors should be cautious.

Funding rates: high interest in deduction

Funding rates are an important indicator that shows the balance between long and short positions in the term trading markets. Negative funding rates indicate that exposure sales are more dominant than long positions and that investors think that prices will decrease. Recently, it has been observed that funding rates are at the most negative levels in Altcoins such as Kaıto, Bera, Gno, Deep, AIOZ, IP and FET. This reflects the high interest in the sale of these assets and the expectations of investors that prices will decrease.

The existing technical indicators show that the Altcoin market should be careful. The high RSI values ​​show that prices are in the extreme purchase zone and a potential price correction is approaching, while the daily MACD values ​​are in the decrease zone, the long -term trend is still downward. In addition, negative funding rates strengthen the expectations of investors that prices will decrease.

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