BlockBeats News, May 21 — Analyst Alicharts published an analysis of the two hottest cryptocurrencies in the recent crypto market, HYPE and ZEC.



For HYPE, Alicharts believes HYPE is approaching a key resistance level ($59–$60), and multiple indicators are also issuing warning signals. The TD Sequential has already shown a Combo 13 sell signal, and both RSI and Chande MO are at historically overbought levels, possibly experiencing a slight rally before pulling back to around $40.

On the other hand, ZEC is approaching the resistance zone ($700–$730) that triggered a major drop in November. The weekly TD Sequential has issued a sell signal. Previously, the rally from the channel bottom to the top was driven by a weekly TD buy signal. If confirmed, the pullback could be more significant, with potential support levels at $500 (first target) and $380 (deeper correction).#灰度购入超51万HYPE并质押
HYPE5.59%
ZEC10.64%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-de6bfe77
· 05-29 02:27
Buy the dip 😎
View OriginalReply0
GateUser-1ccc3023
· 05-29 02:23
Chong Chong GT 🚀
View OriginalReply0
DragonSoars
· 05-29 02:01
Steadfast HODL💎
View OriginalReply0
  • Pinned