Avoid trading these 2 cryptocurrencies this weekend

As the weekend approaches, investors eyeing the cryptocurrency markets may want to consider a few key indicators to guide their trading ￰0￱ of the most important is the Relative Strength Index ( RSI ), a momentum gauge that measures recent gains and losses on a 0–100 scale. Currently, some assets are flashing warning signals, as RSI readings above 70 often indicate overbought conditions and a higher risk of a ￰1￱ this in mind, Finbold has identified two cryptocurrencies in the overbought zone that traders may want to avoid this ￰2￱ Gold (PAXG) PAX Gold ( PAXG ) is a cryptocurrency backed by physical gold, designed to give investors exposure to the precious metal without the need for ￰3￱ the surface, its performance appears stable, with the token trading at $3,558.12, almost unchanged over the past 24 hours.

However, beneath this calm surface lies a concerning ￰4￱ RSI reveals a different picture: from a neutral 49.06 on the 15-minute chart, momentum has steadily climbed to 76.21 on the 24-hour ￰5￱ price and RSI.) Redstone (RED), a crypto project focused on decentralized finance and scalable blockchain data solutions, has seen explosive ￰6￱ token is priced at $0.6821, surging 65.44% in the last 24 hours, making it one of the strongest performers in the ￰7￱ the rally is showing signs of ￰8￱ readings are stretched, 64.89 (15-minute), 77.42 (12-hour), and 75.92 (24-hour). RED price and RSI.