View: Multiple technical indicators for HYPE and ZEC are overbought, with resistance levels at $60 and $730 respectively.

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ME News: On May 21 (UTC+8), BlockBeats reported that analyst Alicharts analyzed the two popular cryptocurrencies HYPE and ZEC in the crypto market. Alicharts pointed out that HYPE is approaching a key resistance range ($59-$60). In addition, multiple technical indicators have flashed warnings. TD Sequential shows a sell signal, and both RSI and Chande MO are at overbought highs. HYPE may retrace to around $40 after a slight rise. Meanwhile, ZEC is also near last year's key resistance zone ($700-$730), where a significant decline previously occurred. The weekly TD Sequential has issued a sell signal. The previous rally was driven by a weekly buy signal. If the sell signal is confirmed, the retracement could intensify, with potential support levels at $500 and $380. (Source: MLion)
HYPE2.52%
ZEC7.54%
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