RSI
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$STORJ âs price performance is tied to its adoption as a #decentralized cloud storage solution, market demand for decentralized services.
#RSI is ranging between 50-58 and #MACD showing a cross over which means Bullish momentum for #Storj
#RSI is ranging between 50-58 and #MACD showing a cross over which means Bullish momentum for #Storj
Pi Coin Price Bounces at $30 After Breakdown â Yearly Performance Still Positive
What's Next for PI?
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Key Takeaways
The PI price broke down from a 476-day support trend line.There is no official date for the launch of the Pi open network yet.Will PI ever launch, and what will its price be if it does?
#PiNetwork , a project launched in 2019, has yet to release its token on the open market. Recent positive news caused excitement about its launch, but nothing has happened as of the time of writing.
With no official date for its #mainnet launch, will Pi ever go live, and what will its price be if it does?
What Is Pi Network?
Pi Network is a project that launched over five years ago. However, its token has not yet debuted on the open market. Its main proposition is that unlike other mining-intensive cryptocurrencies such as Bitcoin ($BTC
), mining PI is straightforward and only requires a phone.
The mining rate for $PI also halves, but unlike Bitcoin, it does so through milestones. More specifically, the trigger is the number of users that join the network. The rate started at 3.14 PI per hour and is currently at 0.2 PI per hour. The mining rate will decline to 0.10 PI per hour after 10 million members join the network.
According to the whitepaper, the maximum supply will be 100 billion PI, of which 80% will go to the community.
According to the roadmap, the Pi network is currently in the final stage of the enclosed mainnet. Pioneers will complete their #KYC and migrate to the mainnet in this phase. At the same time, the community builds applications and readies them for the open network.
Even though the project has not officially launched yet, there is significant buzz surrounding it, as evidenced by the 3.3 million followers from its official X account. So far, over 13 million people have passed their Know Your Customer (KYC) checks, and the grace period for doing so will end in September.
Even though this sparked excitement about a potential Pi open network launch, there is no official date yet.
PI Price Finds Support
Even though the Pi open network has not yet been launched, PI is tradable on Huobi and Bitmart. However, this is just an IOU token, which will allegedly be able to be redeemed after the open network launches. The official Pi Network account clarified at the time of listing that it was not involved with any official exchange listings, casting doubt on its legitimacy.
On Huobi, the PI price has followed an ascending support trend line since May 2023. It also traded below the $55 horizontal resistance area during this period, except for a brief increase in March 2024.
In September, the price finally broke down below the ascending support trend line. Then, it bounced at the $30 horizontal support area. Despite the bounce, the price still trades below the trend line, which has likely turned into resistance.
The Relative Strength Index (#RSI ) and MACD are also bearish, having started downward trends since March. A breakdown below $30 could trigger a decline toward the $10 all-time low.
It is worth mentioning that with the reported maximum supply of 100 billion tokens, PI would have a fully diluted market cap of around $3.3 trillion at the current price.
This would make PI the largest cryptocurrency by market capitalization, outpacing Bitcoin, which currently sits at a $1.13 trillion market cap.
Pi Network Faces Uncertainty
Despite the buzz surrounding it, the Pi Network is subject to considerable uncertainty. From its much-delayed main net launch to its unofficial exchange listings, it is unclear if the main net will ever launch or what the token price will be if it does.
Disclaimer
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the authorâs opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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#BinanceLaunchpoolHMSTR
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Key Takeaways
The PI price broke down from a 476-day support trend line.There is no official date for the launch of the Pi open network yet.Will PI ever launch, and what will its price be if it does?
#PiNetwork , a project launched in 2019, has yet to release its token on the open market. Recent positive news caused excitement about its launch, but nothing has happened as of the time of writing.
With no official date for its #mainnet launch, will Pi ever go live, and what will its price be if it does?
What Is Pi Network?
Pi Network is a project that launched over five years ago. However, its token has not yet debuted on the open market. Its main proposition is that unlike other mining-intensive cryptocurrencies such as Bitcoin ($BTC
), mining PI is straightforward and only requires a phone.
The mining rate for $PI also halves, but unlike Bitcoin, it does so through milestones. More specifically, the trigger is the number of users that join the network. The rate started at 3.14 PI per hour and is currently at 0.2 PI per hour. The mining rate will decline to 0.10 PI per hour after 10 million members join the network.
According to the whitepaper, the maximum supply will be 100 billion PI, of which 80% will go to the community.
According to the roadmap, the Pi network is currently in the final stage of the enclosed mainnet. Pioneers will complete their #KYC and migrate to the mainnet in this phase. At the same time, the community builds applications and readies them for the open network.
Even though the project has not officially launched yet, there is significant buzz surrounding it, as evidenced by the 3.3 million followers from its official X account. So far, over 13 million people have passed their Know Your Customer (KYC) checks, and the grace period for doing so will end in September.
Even though this sparked excitement about a potential Pi open network launch, there is no official date yet.
PI Price Finds Support
Even though the Pi open network has not yet been launched, PI is tradable on Huobi and Bitmart. However, this is just an IOU token, which will allegedly be able to be redeemed after the open network launches. The official Pi Network account clarified at the time of listing that it was not involved with any official exchange listings, casting doubt on its legitimacy.
On Huobi, the PI price has followed an ascending support trend line since May 2023. It also traded below the $55 horizontal resistance area during this period, except for a brief increase in March 2024.
In September, the price finally broke down below the ascending support trend line. Then, it bounced at the $30 horizontal support area. Despite the bounce, the price still trades below the trend line, which has likely turned into resistance.
The Relative Strength Index (#RSI ) and MACD are also bearish, having started downward trends since March. A breakdown below $30 could trigger a decline toward the $10 all-time low.
It is worth mentioning that with the reported maximum supply of 100 billion tokens, PI would have a fully diluted market cap of around $3.3 trillion at the current price.
This would make PI the largest cryptocurrency by market capitalization, outpacing Bitcoin, which currently sits at a $1.13 trillion market cap.
Pi Network Faces Uncertainty
Despite the buzz surrounding it, the Pi Network is subject to considerable uncertainty. From its much-delayed main net launch to its unofficial exchange listings, it is unclear if the main net will ever launch or what the token price will be if it does.
Disclaimer
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the authorâs opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Was this Article helpful?YesNo
#BinanceLaunchpoolHMSTR
#Bonk 's RSI at 46 reflects a neutral market sentiment. his could mean the market is in a wait-and-see mode,but itâs not yet at levels that trigger overbought or oversold alarms.The 14-period close #RSI is relatively short time frame,it suggests $BONK is undergoing a consolidation which might trigger price action immediately after this phase.
The current MACD analysis for Hooked Protocol $HOOK suggests a bearish setup overall. The token's price has been fluctuating within a descending channel on the daily chart. Although there has been a slight recovery, the MACD shows continued weakness, signaling a potential for more downside. The RSI stands near neutral territory (44.42), and momentum indicators like the Average Directional Index (ADX) are pointing toward a "Sell" condition.
Additionally, price action shows that HOOK is trading above its short-term moving averages (SMA 10 and EMA 10), indicating some buying pressure, but the overall trend remains bearish in the longer term. The token is currently hovering around $0.42 after rebounding from its recent lowsâ.
Given the conflicting signals, the MACD suggests caution for long positions unless further upward momentum or a breakout occurs above resistance levels.
#TradingShot #MACD #RSI
Additionally, price action shows that HOOK is trading above its short-term moving averages (SMA 10 and EMA 10), indicating some buying pressure, but the overall trend remains bearish in the longer term. The token is currently hovering around $0.42 after rebounding from its recent lowsâ.
Given the conflicting signals, the MACD suggests caution for long positions unless further upward momentum or a breakout occurs above resistance levels.
#TradingShot #MACD #RSI
Today, $FET is showing strong bullish momentum. After a recent surge of 5%, the #RSI has climbed to above-average levels, but it's not yet in overbought territory, signaling that there's still room for further upside. This indicates sustained buying interest, with potential targets in the $1.6 range or higher, depending on market conditions.
That said, the stochastic #RSI is nearing overbought conditions, which means short-term traders should watch for a potential cooling-off period. If the price drops below $1.2, it could re-test support levels in the $1.05 to $1.12 zone
Overall, $FET remains technically strong, and its #RSI suggests continued bullish potential, but it's wise to monitor for any price rejections or shifts in market sentiment.
That said, the stochastic #RSI is nearing overbought conditions, which means short-term traders should watch for a potential cooling-off period. If the price drops below $1.2, it could re-test support levels in the $1.05 to $1.12 zone
Overall, $FET remains technically strong, and its #RSI suggests continued bullish potential, but it's wise to monitor for any price rejections or shifts in market sentiment.
đ„đ„đ„ #Shibalnu Price Outlook: $SHIB Eyes 15% Surge if Bulls Maintain Momentum
1. SHIB Finds Support
SHIB has tested the $0.000013 support level for the second time, with buyers showing renewed interest at these levels. The price has turned positive today, and if this momentum continues through the week, a challenge of the key resistance at $0.000015 seems probable.
2. #BullishMomentum Reemerging
The price has been consolidating, allowing momentum indicators to turn bullish. The MACD histogram on the daily chart is forming higher lows, and a bullish cross appears imminent if buying pressure persists.
3. #RSI Shows Positive Signs
Since the drop in early August, the daily RSI has been making higher lows. Recently, the RSI crossed above its moving average, signaling bullish potential. If this trend continues and SHIB breaks above the key resistance, a rally could follow.
Source - cryptopotato.com
#CryptoMarketTrend #BinanceSquareTrends
1. SHIB Finds Support
SHIB has tested the $0.000013 support level for the second time, with buyers showing renewed interest at these levels. The price has turned positive today, and if this momentum continues through the week, a challenge of the key resistance at $0.000015 seems probable.
2. #BullishMomentum Reemerging
The price has been consolidating, allowing momentum indicators to turn bullish. The MACD histogram on the daily chart is forming higher lows, and a bullish cross appears imminent if buying pressure persists.
3. #RSI Shows Positive Signs
Since the drop in early August, the daily RSI has been making higher lows. Recently, the RSI crossed above its moving average, signaling bullish potential. If this trend continues and SHIB breaks above the key resistance, a rally could follow.
Source - cryptopotato.com
#CryptoMarketTrend #BinanceSquareTrends
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The RSI is a technical trading system that traders and investors use to analyze the price movements of a stock or other asset. This indicator measures the strength of an asset's movement by comparing the average gains and losses over a given period, usually 14 days.
The RSI is displayed on price charts and moves in a range between 0 and 100. When the RSI is above 70, the asset is considered overbought, but when it falls below 30, it is considered oversold. Traders use these levels as potential signals to buy or sell that asset.
An important aspect of this indicator is when a bullish divergence occurs. This happens when the price chart shows a lower low but the RSI shows a higher low. This can indicate that the price may turn around and start an upward move, which would provide buying opportunities.
Overall, the RSI is a useful tool for traders and investors to potentially identify trends and market movements. It can provide valuable insights into the price movements of an asset, which would help in making informed decisions when buying or selling.
Always perform DYOR
#RSI #TopCoinsSeptember #educational #RiskManagement $BTC
The RSI is displayed on price charts and moves in a range between 0 and 100. When the RSI is above 70, the asset is considered overbought, but when it falls below 30, it is considered oversold. Traders use these levels as potential signals to buy or sell that asset.
An important aspect of this indicator is when a bullish divergence occurs. This happens when the price chart shows a lower low but the RSI shows a higher low. This can indicate that the price may turn around and start an upward move, which would provide buying opportunities.
Overall, the RSI is a useful tool for traders and investors to potentially identify trends and market movements. It can provide valuable insights into the price movements of an asset, which would help in making informed decisions when buying or selling.
Always perform DYOR
#RSI #TopCoinsSeptember #educational #RiskManagement $BTC
LIVERoYoK
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Learn to read the RSI indicator: The Great Lie Detector of the Market
What is RSI?
The RSI is a momentum-based oscillator that captures the speed and change of price movements. It operates on a scale of 0 to 100, and if you know how to read it, it's like getting an X-ray view of market moods. The best part? It's super easy to use: just place it on any chart, on any time frame, and let it do its thing.
The numbers
Above 70: Overbought Alert! If the RSI shows a reading above 70, the trading instrument may have been partying too long. Anything above 70 means it is flashing âoverbought,â like a sugar high about to crash. Traders who follow the RSI often interpret this as a signal to sell and exit the asset before the line changes course and dips back below the high water mark. Sometimes, however, the price continues to rise well above 70.
The RSI is a momentum-based oscillator that captures the speed and change of price movements. It operates on a scale of 0 to 100, and if you know how to read it, it's like getting an X-ray view of market moods. The best part? It's super easy to use: just place it on any chart, on any time frame, and let it do its thing.
The numbers
Above 70: Overbought Alert! If the RSI shows a reading above 70, the trading instrument may have been partying too long. Anything above 70 means it is flashing âoverbought,â like a sugar high about to crash. Traders who follow the RSI often interpret this as a signal to sell and exit the asset before the line changes course and dips back below the high water mark. Sometimes, however, the price continues to rise well above 70.
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Learn to read the RSI indicator: The Great Lie Detector of the Market
What is RSI?
The RSI is a momentum-based oscillator that captures the speed and change of price movements. It operates on a scale of 0 to 100, and if you know how to read it, it's like getting an X-ray view of market moods. The best part? It's super easy to use: just place it on any chart, on any time frame, and let it do its thing.
The numbers
Above 70: Overbought Alert! If the RSI shows a reading above 70, the trading instrument may have been partying too long. Anything above 70 means it is flashing âoverbought,â like a sugar high about to crash. Traders who follow the RSI often interpret this as a signal to sell and exit the asset before the line changes course and dips back below the high water mark. Sometimes, however, the price continues to rise well above 70.
The RSI is a momentum-based oscillator that captures the speed and change of price movements. It operates on a scale of 0 to 100, and if you know how to read it, it's like getting an X-ray view of market moods. The best part? It's super easy to use: just place it on any chart, on any time frame, and let it do its thing.
The numbers
Above 70: Overbought Alert! If the RSI shows a reading above 70, the trading instrument may have been partying too long. Anything above 70 means it is flashing âoverbought,â like a sugar high about to crash. Traders who follow the RSI often interpret this as a signal to sell and exit the asset before the line changes course and dips back below the high water mark. Sometimes, however, the price continues to rise well above 70.
#DOGSONBINANCE
IN 1 HOUR CANDLE CHART, THE CANDLE FORMED BULLISH HARAMI, AND IT'S #RSI IS UNDER 20 WHICH IS ALSO INDICATE A #bullish MARKET. HOLD AND SEE WHAT WILL HAPPEN.
#dogs
#dogsday
IN 1 HOUR CANDLE CHART, THE CANDLE FORMED BULLISH HARAMI, AND IT'S #RSI IS UNDER 20 WHICH IS ALSO INDICATE A #bullish MARKET. HOLD AND SEE WHAT WILL HAPPEN.
#dogs
#dogsday
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How to Use Technical Indicators to Analyze Cryptocurrencies: Practical Examples
Cryptocurrency markets are known for their high volatility and rapid price changes, making them both attractive and risky for traders. Whether youâre trading major assets like Bitcoin (BTC), Binance Coin (BNB), or Ethereum (ETH), for example, technical indicators remain a key tool for making trading decisions.
How to Read the RSI Indicator: The Market's Lie Detector
Whatâs RSI All About?
The RSI is a momentum-based oscillator that captures the speed and change of price movements. It operates on a scale of 0 to 100, and if you know how to read it, itâs like having X-ray vision into the marketâs moods. The best part? Itâs super easy to use â slap it on any chart, any time frame and let it do its thing.
The Numbers
Above 70: Overbought alert! If the RSI shows a reading above 70, the trading instrument may have been partying a little too hard. Anywhere above 70 means that itâs flashing âoverboughtâ â like a sugar rush thatâs about to crash. Traders who follow the RSI usually interpret this as a signal to sell and move out of the asset before the line reverses course and dives back under the high-water mark. Sometimes, however, the price keeps climbing well above 70.
Below 30: Now weâre in âoversoldâ territory â itâs like spotting a hidden gem in a bargain bin. When RSI drops below 30, the marketâs saying, âThis thingâs been beaten down, but maybe â just maybe â itâs time for a comeback.â Keep in mind that sometimes the dip may keep dipping.
How Itâs Calculated
RSI is all about relative strength â it compares the magnitude of recent gains to recent losses. Picture a tug-of-war between bulls and bears. The RSI score tells you whoâs winning the battle right now, but also hints at who might be running out of strength.
Trading with RSI
Overbought? Maybe Sell (obligatory DYOR). When RSI hits 70 and above, you might be looking at a market running out of fuel. You may start thinking about trimming your position, or at least keep an eye out for a reversal. After all, what goes up must come down (except maybe Bitcoin BTCUSD?)
Oversold? Maybe Buy (obligatory DYOR). If the RSI drops to 30 and below, it could be a signal to start looking for a buying opportunity. The market is going through a meltdown and sometimes thatâs your cue to go bargain hunting and snap up some discounted assets. Just make sure that your stock or crypto of choice isnât falling for a specific reason â no indicator can save you from an actual rug pull.
The Sweet Spot â Divergences: Ever notice when the RSI and price action donât agree? Thatâs called a divergence, and itâs like catching the market in a lie. If the price is making new highs but the RSI isnât, or vice versa, itâs a clue that something fishyâs going on and you may want to be on the lookout for a sur-price reversal.
Bonus Tip: RSI in Different Timeframes
Wanna get fancy and earn some bragging rights? Use RSI across different timeframes. A stock might be oversold on the daily but overbought on the weekly. By spotting the trend across different time frames, you can pick your desired time frame to trade in and follow closely. The higher the time frame, the longer the time horizon for the move to actually pan out.
So, there you have it â the RSI. Itâs not a crystal ball, but itâs pretty close.
#RSI #EDUCATIONL_POST #BinanceSquareFamily
The RSI is a momentum-based oscillator that captures the speed and change of price movements. It operates on a scale of 0 to 100, and if you know how to read it, itâs like having X-ray vision into the marketâs moods. The best part? Itâs super easy to use â slap it on any chart, any time frame and let it do its thing.
The Numbers
Above 70: Overbought alert! If the RSI shows a reading above 70, the trading instrument may have been partying a little too hard. Anywhere above 70 means that itâs flashing âoverboughtâ â like a sugar rush thatâs about to crash. Traders who follow the RSI usually interpret this as a signal to sell and move out of the asset before the line reverses course and dives back under the high-water mark. Sometimes, however, the price keeps climbing well above 70.
Below 30: Now weâre in âoversoldâ territory â itâs like spotting a hidden gem in a bargain bin. When RSI drops below 30, the marketâs saying, âThis thingâs been beaten down, but maybe â just maybe â itâs time for a comeback.â Keep in mind that sometimes the dip may keep dipping.
How Itâs Calculated
RSI is all about relative strength â it compares the magnitude of recent gains to recent losses. Picture a tug-of-war between bulls and bears. The RSI score tells you whoâs winning the battle right now, but also hints at who might be running out of strength.
Trading with RSI
Overbought? Maybe Sell (obligatory DYOR). When RSI hits 70 and above, you might be looking at a market running out of fuel. You may start thinking about trimming your position, or at least keep an eye out for a reversal. After all, what goes up must come down (except maybe Bitcoin BTCUSD?)
Oversold? Maybe Buy (obligatory DYOR). If the RSI drops to 30 and below, it could be a signal to start looking for a buying opportunity. The market is going through a meltdown and sometimes thatâs your cue to go bargain hunting and snap up some discounted assets. Just make sure that your stock or crypto of choice isnât falling for a specific reason â no indicator can save you from an actual rug pull.
The Sweet Spot â Divergences: Ever notice when the RSI and price action donât agree? Thatâs called a divergence, and itâs like catching the market in a lie. If the price is making new highs but the RSI isnât, or vice versa, itâs a clue that something fishyâs going on and you may want to be on the lookout for a sur-price reversal.
Bonus Tip: RSI in Different Timeframes
Wanna get fancy and earn some bragging rights? Use RSI across different timeframes. A stock might be oversold on the daily but overbought on the weekly. By spotting the trend across different time frames, you can pick your desired time frame to trade in and follow closely. The higher the time frame, the longer the time horizon for the move to actually pan out.
So, there you have it â the RSI. Itâs not a crystal ball, but itâs pretty close.
#RSI #EDUCATIONL_POST #BinanceSquareFamily
In terms of the RSI, the market is in an interesting confluence that doesn't happen too often.
Top 100 coins are currently oversold to neutral on all higher timeframes with the average RSI of 40 to 41 on 4H, 1D, and 1W. And even monthly average RSI is in a very similar area at 45. Indecision? What does it mean to you?
âĄïž https://www.tradingdigits.io/rsi-heatmap
#RSI #RSIHeatmap #rsi_heatmap #RSIIndicator #RSI:
Top 100 coins are currently oversold to neutral on all higher timeframes with the average RSI of 40 to 41 on 4H, 1D, and 1W. And even monthly average RSI is in a very similar area at 45. Indecision? What does it mean to you?
âĄïž https://www.tradingdigits.io/rsi-heatmap
#RSI #RSIHeatmap #rsi_heatmap #RSIIndicator #RSI:
đ» Bitcoin Falls Back Below $57,000 â Whatâs Happening? đ»
After briefly reaching $58K, $BTC has dropped to $56,800. Several key technical indicators suggest weakness in the near term:
đ»RSI at 41: A bearish signal.
đ»Fear & Greed Index at 29: Approaching "Extreme Fear."
đ»SMA & EMA: Positioned above the current price, reinforcing downward pressure.
đ»MACD & AO: Both indicate weak momentum.
đ»ATR: shows increased volatility.
The broader stock market downturn is adding pressure on Bitcoin. However, the crypto market remains dynamic, and quick recoveries are possible, as we saw recently.
Will #Bitcoin attempt another rebound, or are we in for more turbulence? đ
#RSI #FearAndGreedIndex #MACD #ATR
After briefly reaching $58K, $BTC has dropped to $56,800. Several key technical indicators suggest weakness in the near term:
đ»RSI at 41: A bearish signal.
đ»Fear & Greed Index at 29: Approaching "Extreme Fear."
đ»SMA & EMA: Positioned above the current price, reinforcing downward pressure.
đ»MACD & AO: Both indicate weak momentum.
đ»ATR: shows increased volatility.
The broader stock market downturn is adding pressure on Bitcoin. However, the crypto market remains dynamic, and quick recoveries are possible, as we saw recently.
Will #Bitcoin attempt another rebound, or are we in for more turbulence? đ
#RSI #FearAndGreedIndex #MACD #ATR
today's previous Futures trade on $JUP is
now over, waiting for the #RSI to return back
to low numbers (30) before we open a new
trade. I think in 3 or 4 hours from this post
we will be ready for the next setup
Do not chase price!
No setup means DO not trade so be patient.
I will update this post and open a new post
when I open my next trade on #JUP
#Write2Earn #Future_trading_tips #FutureSignals today.
it is now 12:42pm Beirut, Lebanon time
I hope to get an entry near the $0.6 level or lower if possible. I will use the limit orders.
You can short if you want, I just don't feel like
shorting now, it just feels too risky.
Better to wait or the New York stock exchange
to open before I trade. It helps you to avoid liquidation because the volatility is less than
now.
opened new trade now PYTH
$PYTH
now over, waiting for the #RSI to return back
to low numbers (30) before we open a new
trade. I think in 3 or 4 hours from this post
we will be ready for the next setup
Do not chase price!
No setup means DO not trade so be patient.
I will update this post and open a new post
when I open my next trade on #JUP
#Write2Earn #Future_trading_tips #FutureSignals today.
it is now 12:42pm Beirut, Lebanon time
I hope to get an entry near the $0.6 level or lower if possible. I will use the limit orders.
You can short if you want, I just don't feel like
shorting now, it just feels too risky.
Better to wait or the New York stock exchange
to open before I trade. It helps you to avoid liquidation because the volatility is less than
now.
opened new trade now PYTH
$PYTH
According to a Famous Analyst, Investors Can Buy and Sell Bitcoin According to this Indicator!
Renowned market analyst Ali Martinez shared a strategy that Bitcoin (BTC) traders can use to time the market effectively using the RSI indicator.When the RSI of an asset is 75, it means the asset is giving an overbought signal, while an RSI of 30 indicates oversold conditions. Whatever the indicator signals, the opposite action should be taken.This implies that selling becomes a natural strategy when a coin is overbought, and buying aggressively when itâs at 30 queues up buyers.#opbnb #BTC #RSI #Indicato
