$ACT Daily RSI(14) is 75.6, entering overbought territory, with the current price at 0.01238.
Overbought conditions mean prices have risen sharply in the short term, but don't necessarily mean a top is imminent: in a strong market, RSI can stay above 70 for a long time. A bearish divergence is more worth watching—the price makes a new high, but RSI does not.
Signals are more reliable when multiple timeframes align.
Overbought conditions mean prices have risen sharply in the short term, but don't necessarily mean a top is imminent: in a strong market, RSI can stay above 70 for a long time. A bearish divergence is more worth watching—the price makes a new high, but RSI does not.
Signals are more reliable when multiple timeframes align.
