Chain News Daily Official TheBitTimes.com

As the weekend approaches, investors eyeing the cryptocurrency markets may want to consider a few key indicators to guide their trading decisions. One 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 pullback. With this in mind, Finbold has identified two cryptocurrencies in the overbought zone that traders may want to avoid this weekend. PAX 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 storage.  On 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 signal. The RSI reveals a different picture: from...

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