#Crypto Market RSI Heatmap 🟢🟡🔴 

What on earth is RSI? 

The Relative Strength Index is a tool used to measure how strong or weak a cryptocurrency or any asset is based on its recent price movements. 

Here's all you need to know 💡

The Purpose:

RSI helps you understand if an asset is overbought (too expensive) or oversold (too cheap) by comparing its recent gains to its recent losses.

The Scale:

RSI is measured on a scale from 0 to 100. A reading above 70 usually means the asset is overbought, and a reading below 30 usually means it’s oversold.

How It Works?

It looks at the average gains and losses over a specific period (like 14 days) and calculates the ratio between them. This ratio is then used to generate the RSI number.

What It Tells You:

High RSI (Above 70): The asset might be overbought and could be due for a price drop.

Low RSI (Below 30): The asset might be oversold and could be due for a price increase.

In essence, RSI helps traders and investors see whether an asset's price movement is strong and in what direction, helping them decide when to buy or sell.

Keep in mind, RSI is just one of the different tools you are going to need to do your investment analysis. 

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