$DOGE Daily RSI: 24.4, entering oversold territory.
A question every beginner asks: How do you read RSI?
Simply put, RSI measures how much of the total price movement over a recent period came from gains: the more gains outweigh losses, the closer RSI gets to 100.
RSI is 24.4, and my mood has fallen right along with it.
Comparing several data points is more reliable than looking at just one, but even more indicators can’t give you a definite answer.
A question every beginner asks: How do you read RSI?
Simply put, RSI measures how much of the total price movement over a recent period came from gains: the more gains outweigh losses, the closer RSI gets to 100.
RSI is 24.4, and my mood has fallen right along with it.
Comparing several data points is more reliable than looking at just one, but even more indicators can’t give you a definite answer.
