Ethereum Classic and Injective Rally as RSI Overbought and Volume Expands

ETC and Injective lead short-term gains as RSI stays overbought and volumes rise, signaling cautious momentum for traders.

Rich by Coin

2026-02-22

Ethereum Classic and Injective led short-term gains as RSI remained overbought and trading volumes expanded. ETC rose 16% on the day.

Investors should monitor momentum indicators, as overbought RSI readings can precede a pause or pullback. The move signals selective risk-on activity among traders in the current crypto session.

Ethereum Classic and Injective led short-term gains as the RSI remained overbought and trading volumes expanded. ETC rose 16% on the day, signaling selective risk-on activity among traders in the current crypto session. The market pulse suggests momentum remains buoyant, even as caution persists due to elevated RSI readings.

Investors should monitor momentum indicators, as overbought RSI levels can precede pauses or pullbacks. The move indicates selective risk-on behavior within the crypto space, with traders adjusting positions in response to shifting volume and price action. If volume continues to rise, the rally could sustain for a while; however, the overbought RSI implies potential volatility ahead and a risk of near-term corrections as market dynamics evolve.