The overall mid-term sentiment remains bullish for the cryptocurrency market, despite the short-term bearish pivot, following a market retracement. In this context, a buy signal might surge for cryptocurrencies with strong fundamentals and technical indicators.
A massive liquidation event wiped over $230 million of crypto’s total market cap in one day this week. Thus, short-term cryptocurrency trading suddenly saw a dominating fear taking over while cryptocurrencies tested support levels.
In the meantime, some projects accumulated smaller losses than others, maintaining a strong position and holding their previous gains.
Particularly, Finbold recurred to CoinGlass’s Relative Strength Index (RSI) weekly heatmap and CoinMarketCap’s ranking for potential buy signals to April.
Strong buy signal for Uniswap (UNI)
First, Uniswap (UNI) holds a strong weekly RSI of 67.35, significantly above the market’s average of 59.05. UNI lost 4.79% of its exchange rate in the past sev
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