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Trading

RSI (Relative Strength Index)

A momentum indicator that measures whether a cryptocurrency is overbought or oversold on a scale of 0 to 100. An RSI above 70 suggests the asset may be overbought and due for a pullback. An RSI below 30 suggests it may be oversold and due for a bounce.

Example

Bitcoin's RSI hit 85, signaling overbought conditions, and the price corrected shortly after.

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