The RSI (Relative Strength Index) is a popular technical indicator used by traders to analyze market trends. It helps determine whether an asset is overbought or oversold. When the RSI is high, it suggests that the asset is overbought and may experience a drop. Conversely, when the RSI is low, it indicates that the asset is oversold and may see a rise. Traders use the RSI to identify potential entry and exit points for their trades. That's a brief overview of the RSI indicator. Hope that clears things up a bit!
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