BlockBeats News, May 21st: Analyst Alicharts published an analysis of the two hottest coins in the recent crypto market, HYPE and ZEC.

Regarding HYPE, Alicharts believes that HYPE is approaching a key resistance level ($59-60), and multiple indicators have also issued warning signals. The TD Sequential has generated a Combo 13 sell signal, and both RSI and Chande MO are at overbought historical highs. There might be a slight further surge before a pullback to around $40.

On the other hand, ZEC is nearing the resistance zone ($700-730) that triggered a major drop in November. The weekly TD Sequential has issued a sell signal. The earlier rally from the channel's bottom to the top was driven by a weekly TD buy signal. If the sell-off is confirmed, the correction could be more significant, with potential support at $500 (first target) and $380 (deeper retracement).