TipMeACoffee

#oversold
mahmud552
@mahmud552 in Status·2 years ago

For one, the coin's relative #strength index (purple) is nearing 50, after having been in an #oversold position as recently as early March.

mahmud552
@mahmud552 in Status·2 years ago

For one, the coin's #relative strength index (purple) is nearing 50, after having been in an #oversold position as recently as early March.

mahmud552
@mahmud552 in Status·2 years ago

Its RSI has risen up to 40, after #touching 30 earlier in the month, when it reached #oversold levels.

mahmud552
@mahmud552 in Status·2 years ago

That said, the RSI (14) line #struggles to extend the previous week’s rebound from the #oversold territory, which in turn challenges the latest recovery moves

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