Token FAQ

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. An RSI value of 60 is often considered neutral, indicating that the asset is neither oversold nor overbought. However, it approaches overbought territory, suggesting potential caution for traders regarding future price movements.

Why is an RSI of 60 seen as neutral but nearing overbought?

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Why is an RSI of 60 seen as neutral but nearing overbought?

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