Analyst: These 2 Cryptocurrencies Are Sending Strong “Buy” Signals!

The cryptocurrency market is showing signs of recovery following the release of cooler-than-expected US CPI data. Crypto analyst Aneena Alex looks at the RSI heat map from CoinGlass to spot potential buy signals. In this context, the analyst identified two cryptocurrencies sending “buy” signals. The analyst notes that these tokens stand out with significant strong momentum.

Two cryptocurrencies are sending strong “buy” signals!

The average weekly RSI shows a neutral-50 pattern, indicating that the market may move in any direction at random. However, the average daily RSI is currently below 43.90 and reflects recent market conditions. This situation creates an ideal situation for the continuation of the rise. Thus, these cryptocurrencies make them prime candidates for a strong upside move this week. In other words, these tokens send a clear trading signal.

“ The first cryptocurrency giving a “buy” signal: Injective (INJ)

Injective (INJ) is currently showing strong buy signals based on its recent performance and technical indicators. The 24-hour RSI value of 66.31 indicates strong upside momentum with a significant price increase of 21.43%. This is a sign that INJ is experiencing significant buying pressure. It also shows that it is possible to continue the bull trend.

Crypto Market RSI Heat Map, daily chart: INJ. Source: INJ: CoinGlass

On shorter time frames, especially between 15 minutes and 12 hours, RSI values ​​always remain above 60. This strengthens the immediate purchasing interest and rapid benefit potential. This makes INJ an attractive option for both short-term investors and long-term investors looking for growth. According to press time, INJ is trading at $ 32,524.

Oasis (ROSE) is performing strongly

Oasis (ROSE) is showing a strong performance with a 24-hour RSI of 68.61 and a price increase of 21.29%. Stable RSI values ​​across multiple time frames (15 minutes to 12 hours) highlight ongoing buying pressure. This shows that market confidence in this asset continues.

Crypto Market RSI Heat Map, daily chart: ROSE. Source: ROSE: CoinGlass

The fact that the weekly RSI value is 59.13 also supports the idea that the positive atmosphere continues. This also makes ROSE an attractive option for investors looking for tokens with solid growth potential. According to press time, ROSE is trading at $ 0.13276.

Investment warning for the cryptocurrency market

Significant price movements and technical strength in both INJ and ROSE indicate that they are in buy zones and present attractive opportunities for investors and traders to take advantage of current uptrends. These two cryptocurrencies are currently giving strong buying signals. However, the crypto market is inherently quite volatile. Therefore, it is possible for everything to change quickly. Therefore, it would be beneficial for investors to be vigilant.

The opinions and assumptions in the article are those of the analyst and are definitely not investment advice. cryptokoin.comWe strongly recommend that you do your own research before investing.