3 Altcoins that Look Overbought in Early May 2025

Jakarta, Pintu News – The cryptocurrency market is always full of interesting dynamics. Entering the first week of May 2025, several altcoins such as AIXBT, Echelon Prime (PRIME), and Balancer (BAL) recorded significant gains. However, technical indicators suggest that these three digital currencies may already be overbought.

Check out the full analysis here!

AIXBT

AIXBT, known as one of the leading AI agent tokens in the crypto world, has performed remarkably with a rise of almost 40% in the last 24 hours and over 95% in the last seven days.

This drastic rise made AIXBT one of the best performing altcoins of the week, attracting huge attention from traders and speculators.

Nonetheless, technical indicators suggest that the token may be entering overheated territory. This raises concerns about the sustainability of the price increase in the short term, so investors are advised to be cautious.

Also read: BNB Chain’s stellar performance in Q1, soaring revenue despite falling capitalization!

Echelon Prime (PRIME)

Echelon Prime was not left out of the price increase party either. With a 33% surge in the last 24 hours, PRIME became one of the best performing altcoins of the day. Its trading volume exploded by 276%, reaching almost $16 million, indicating increased interest and momentum from traders.

However, despite this impressive price action, technical indicators are providing warning signals for the short term. Investors may need to consider the risks associated with investing in overheated market conditions.

Read also: Bitcoin in the Trade War: A New Weapon in Global Economic Competition?

Balancer (BAL)

Balancer also recorded significant gains, with a surge of over 41% in the last 24 hours. This rise was supported by increased trading activity, with volumes surging to $53 million.

This price increase puts BAL among the strongest performing altcoins in the market. However, technical indicators suggest that this rally may have gone too far despite the breakout. This signals that the current price increase may not be sustainable and investors should be cautious.

Conclusion

In the world of cryptocurrency investing, it is important to always be aware of rapidly changing market conditions. Although AIXBT, Echelon Prime (PRIME), and Balancer (BAL) are showing impressive gains, technical indicators suggest that they may already be overbought.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. Altcoins Overbought in First Week of May 2025. Accessed on May 2, 2025
• Featured Image: Generated by Ai