The map of crypto assets by RSI for April 11 shows that there have been changes since the last analysis. Let us remind you that this map from#Coinglassclearly demonstrates which assets are overbought and oversold.
We did the last analysis on April 2. At that time, many assets were clearly oversold on the four-hour timeframe, oversold on the daily timeframe, but closer to overbought on the weekly timeframe.
The key change is that now oversold assets on the four-hour time frame are no longer so pronounced. The upward power reserve is preserved. On the daily timeframe, many assets became closer to the neutral zone. There are not many overbought ones there either (as an example - #PENDLE, #NEO, #CKB, #SFP).
On the weekly timeframe - I can’t say that the situation has changed much - many assets there are still overbought or close to it. A large part is in the neutral zone. They will unload RSI, at best, by range.
There are still plenty of assets undervalued by buyers in older TFs.
The weakest and oversold altcoins on the daily timeframe now:
#GMX, #UNI, #TIA, #UNFI, #EDU, #ARB, #APT, #SEI, #MOVR, #BLUR, #MINA, #KMS, #ROSE, #MATIC, #WLD, #USTC,#UMA, #ZEN, #ZEC, #QNT, #ID, #LUNC, #GRT, #ATOM, #INJ, #LINK, #CFX, #BIGTIME, #HBAR, #ZRX, #IMX, #CTSI, #NTRN, # CVX.
The weakest and oversold altcoins on the weekly timeframe now:
#GAS, #USTC, #HFT, #AUTION,#FXS(we entered a position yesterday),#MOVR(we are in a position with a drawdown, but the structure is not broken), #COMBO, #LQTY, #ORBS, #MAV, # GMX, #BLUR.