KGEN tops the oversold list on Binance perps on Oct 16. Its daily RSI reads 19.8, the lowest of the 400 crypto contracts we track. RSI is a 14 day gauge of how one sided recent moves have been, where 30 or under counts as oversold.
Next in line are EDGE at 21.1 after a -6.3% day and RVN at 21.2 after -2.2%. EPIC sits at 22.2 after the steepest drop of the group, -17.0%.
Across the board, 81 perps read oversold and 21 overbought, with the average at 43.5. ICNT is the most stretched upside reading at 85.1 after a +37.2% day.
Next in line are EDGE at 21.1 after a -6.3% day and RVN at 21.2 after -2.2%. EPIC sits at 22.2 after the steepest drop of the group, -17.0%.
Across the board, 81 perps read oversold and 21 overbought, with the average at 43.5. ICNT is the most stretched upside reading at 85.1 after a +37.2% day.