@raise4
RSI is a popular momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in the market. An RSI above 70 suggests that Ethereum may be overbought and due for a pullback, while an RSI below 30 signals that it might be oversold and could bounce back. Traders often look for divergence between RSI and price to spot potential reversals—if the price is making new highs but RSI is not, it could indicate weakening momentum, suggesting a trend reversal.
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