The crypto market soap opera has a new episode: $TRUTH has a daily RSI of 78.6, in overbought territory, with the current price at 0.02246.
RSI 78.6—and my blood pressure is rising right along with it.
A quick serious note: the same coin’s RSI can vary widely across timeframes. It may be high on a shorter timeframe while still sitting around the middle on the daily chart.
Before trading with leverage, first consider whether you can withstand the worst-case scenario. Then check what the indicators are saying.
RSI 78.6—and my blood pressure is rising right along with it.
A quick serious note: the same coin’s RSI can vary widely across timeframes. It may be high on a shorter timeframe while still sitting around the middle on the daily chart.
Before trading with leverage, first consider whether you can withstand the worst-case scenario. Then check what the indicators are saying.