COINPURO - Crypto Currency Latest News logo COINPURO - Crypto Currency Latest News logo
Finbold 2026-03-16 14:45:43

2 overbought cryptocurrencies to avoid trading this week

As the cryptocurrency market rebounds, some assets are showing signs of overheating. Notably, Bitcoin ( BTC ) is leading the charge after surging past $74,000, lifting sentiment from extreme fear toward neutral territory. The recovery has fueled strong altcoin gains, driven by institutional inflows, sector narratives, and easing macro pressures. However, the rapid rallies are pushing some tokens into overbought territory, with the Relative Strength Index ( RSI ) exceeding 70 across key timeframes. Such conditions often signal fading momentum, increasing the likelihood of profit-taking and short-term corrections in a still-fragile, volatile market. Against this backdrop, Finbold has identified the following two assets as overbought, warranting caution from traders. Artificial Superintelligence Alliance (FET) Artificial Superintelligence Alliance (FET) stands out, displaying clear overbought traits. Trading at $0.21 after a sharp 16% daily advance, FET has benefited from the AI crypto resurgence, including expanded staking incentives on platforms like Bitvavo, renewed sector rotation, and anticipation around the alliance’s ongoing roadmap for autonomous agents. However, multi-timeframe RSI readings confirm the overheating, with the figures at 72.82 on the 15-minute chart, spiking to 86.24 on the 1-hour chart, holding at 80.62 on the 4-hour chart, reaching 84.01 on the 12-hour chart, and sitting at 77.18 on the 24-hour chart. These elevated levels, particularly the extreme 86.24 on the 1-hour and 84.01 on the 12-hour, signal aggressive short-term momentum that often precedes pullbacks. Crypto RSI reading. Source: Coinglass While longer-term views remain constructive with potential targets toward $0.35, the immediate technical stretch in a still-fragile rebound environment warrants caution. Render (RENDER) Render (RENDER), the decentralized GPU compute network token, also displays overbought characteristics on longer horizons despite steadier recent price action. As of press time, the asset was trading at $1.8, with RSI readings highlighting the concern, with 56.01 on the 15-minute chart, 54.05 on the 1-hour chart, 62.37 on the 4-hour chart, 72.32 on the 12-hour chart, and 71.98 on the 24-hour chart. Shorter intervals remain relatively balanced, but the 72.32 reading on the 12-hour and 71.98 on the 24-hour chart cross into overbought territory, pointing to building exhaustion after sector rotations. Overall, RENDER has ridden enthusiasm tied to decentralized compute demand, network milestones such as millions of frames processed, and broader AI infrastructure narratives, including buzz around developments highlighted at events like Nvidia GTC. In this rebound phase, where enthusiasm can outpace fundamentals, traders would be wise to avoid aggressive positions in FET and RENDER this week. Allowing indicators to cool and watching for healthier retests of support could preserve capital and reveal clearer entry points once immediate overbought risks ease. Featured image via Shutterstock The post 2 overbought cryptocurrencies to avoid trading this week appeared first on Finbold .

最阅读新闻

coinpuro_earn
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约