The cryptocurrency market continues to display its characteristic volatility, drawing the attention of traders and investors as they navigate shifting trends. In this context, we spotted two cryptocurrencies displaying strong momentum that could be seen as a potential buy signal. The global cryptocurrency market cap currently stands at $3.43 trillion, marking a 1.4% decline in the past 24 hours, indicative of a consolidation phase as the market seeks direction. Retracements, technical pullbacks, and emerging signals have left the market at a crossroads, offering both opportunities and challenges for participants. Amid this volatile backdrop, Finbold analyzed the Relative Strength Index ( RSI ) heatmap from CoinGlass on December 30, identifying potential buy signals across the sector. The average 12-hour RSI of 42.02 indicates neutral market sentiment and moderate momentum, reflecting a balanced yet cautious market outlook. Automata Network (ATA) Automata Network ( ATA ) presents a strong short- to medium-term buy opportunity, supported by solid technical indicators in a market that leans toward neutral sentiment. The 12-hour RSI of 60.32 and 24-hour RSI of 59.58 highlight sustained bullish momentum, significantly outperforming the market’s average RSI of 42.02. This strength signals the potential for immediate gains, setting ATA apart from broader market trends. Crypto Market RSI Heatmap: ATA. Source: CoinGlass Furthermore, its bullish outlook is supported by consistent buy signals across both exponential and simple moving averages for 10, 20, and 50-period intervals. These indicators confirm the asset’s positive trend and provide strong underlying support for continued upward movement. The MACD oscillator also points to further upside potential, affirming ATA’s momentum remains intact. Currently priced at $0.1587, ATA’s recent 7.89% pullback provides traders with an attractive entry point to capitalize on a potential rebound. With strong technical signals and favorable price action, ATA stands out for traders seeking short- to medium-term gains. Secret Network (SCRT) Secret Network ( SCRT ) presents a buying opportunity this week, backed by a robust technical setup that signals sustained bullish momentum, making it an attractive choice for traders and investors. The asset’s 12-hour RSI of 63.32 and 24-hour RSI of 59.37 show its strength, significantly outperforming the market average RSI of 42.02. These indicators highlight growing momentum in an otherwise neutral market environment. Crypto Market RSI Heatmap: SCRT. Source: CoinGlass Furthermore, consistent buy signals across 13 moving averages, including both exponential and simple moving averages over key intervals such as 10, 20, and 50 periods, reinforce its upward trend and provide strong underlying support. Currently priced at $0.5217, SCRT has posted an impressive 5.46% gain over the past 12 hours, reflecting solid buying interest and the potential for further upside. This combination of strong momentum, favorable technical signals, and recent price action positions SCRT as a choice for traders and investors aiming to capitalize on short- to medium-term gains. In a market leaning toward neutrality, both ATA and SCRT have emerged as standout candidates this week, supported by strong RSI metrics and consistent buy signals from key technical indicators. However, market dynamics can shift rapidly, and short-term fluctuations could influence their trajectories. As such, traders and investors are encouraged to exercise caution, conduct thorough research, and ensure their investment decisions align with their risk tolerance and broader financial objectives. Featured image via Shutterstock. The post Buy signal for two strong cryptocurrencies this week appeared first on Finbold .
