Riley Exploration's 15min chart triggers RSI Overbought, Bearish Marubozu signal.

According to Riley Exploration's 15-minute chart, a trigger was activated on June 3, 2023, at 11:45. The chart indicates that the Relative Strength Index (RSI) has reached an overbought level, accompanied by a bearish Marubozu candlestick pattern. This suggests that the stock price has risen excessively and is unsupported by fundamental analysis, indicating that sellers are in control of the market. As a result, bearish momentum is likely to persist.

In the latest developments in the cryptocurrency market, Flare (FLR), Monero (XMR), and Zcash (ZEC) have emerged as the top performers, marking significant gains in the first days of the week. According to data from various financial platforms, these tokens have shown strong momentum, driven by key announcements and technical indicators.

Flare (FLR) has been at the forefront of this rally, breaking through a multi-month resistance trendline following the Uphold partnership announcement. This partnership aims to unlock XRP yield and DeFi services, boosting Flare's potential. The token recorded double-digit gains, trading at $0.01990 as of Monday, June 3, 2025 [1]. The bullish engulfing candle on Sunday and the near 10% surge have been pivotal in this upward movement. The Moving Average Convergence/Divergence (MACD) is close to surpassing its signal line, indicating a potential bullish crossover. If Flare maintains its dominance above the broken trendline, it could reach the $0.02250 supply zone [1].

Monero (XMR) has also shown remarkable strength, with a near 7% surge on Sunday. The privacy coin has reversed from a bearish streak, ending on a bullish note with a morning star pattern. The price action indicates that Monero is finding support at the 50-day EMA and the demand zone between $307 and $313. The Relative Strength Index (RSI) at 51 suggests a minor recovery in bullish momentum, supporting the extended rally chances. The immediate resistance for XMR lies at $365 [1].

Zcash (ZEC) has also experienced a significant jump, trading at $52.73 on Monday, up nearly 5% in the last 24 hours. The token has reversed from the $46 demand zone, nearing the overhead resistance zone at $56. The RSI at 62 points indicates a revival in bullish momentum, while the 100- and 200-day EMAs provide a positive crossover signal. A breakout above the $56 supply zone could be an entry point for momentum traders, with the immediate potential price target at $65 [1].

In summary, the cryptocurrency market has seen a strong start to the week, with Flare, Monero, and Zcash leading the gains. These tokens have shown resilience and are likely to hold a bullish trend this week, driven by technical indicators and key announcements.

References:
[1] https://www.fxstreet.com/cryptocurrencies/news/top-3-crypto-gainers-flr-xmr-and-zec-flare-leads-the-layer-1-rally-with-aims-to-unlock-xrps-defi-potential-202506020354