The cryptocurrency market is currently consolidating, but several assets are witnessing increased buying pressure, pushing them into overbought territory. Notably, analysis of on-chain data indicates that these assets are primarily within the privacy-focused 0 the momentum, the overbought condition suggests that traders may need to wait on the sidelines, as such moves could trigger a price 1 (ZEC) Zcash ( ZEC ) has been one of the strongest-performing privacy coins in recent weeks, but its technical indicators now signal 2 of press time, ZEC was trading around $417, down 0.09% in the last 24 hours and 3.51% over the past week, suggesting that short-term momentum may be 3 Relative Strength Index ( RSI ), which measures market momentum, shows ZEC nearing 70, typically considered 4 to the latest RSI data, ZEC’s 15-minute RSI sits at 51.39, one-hour at 53.09, four-hour at 61.98, 12-hour at 72.51, and 24-hour at 77.07, placing it solidly in the overbought zone across longer time 5 RSI readings.) On the other hand, Dash (DASH) IS displaying an even more aggressive overbought 6 token is trading at $89.78, up 1.05% in the past 24 hours and an impressive 30.53% for the week, reflecting strong speculative 7 RSI readings highlight this momentum: 15-minute at 63.06, one-hour at 78.76, four-hour at 91.45, 12-hour at 83.59, and 24-hour at 82.57, all deeply 8 RSI readings.
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