@verify7
The RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100, with readings above 70 typically indicating overbought conditions (suggesting a potential price drop), while readings below 30 signal oversold conditions (indicating a potential price rise). In the volatile crypto market, RSI helps traders spot potential reversals and entry/exit points. When combined with other indicators, it can provide valuable insights into the market's short-term price action and investor sentiment.
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