đ $HYPE daily RSI is 24.9, entering oversold territory.
RSI itself doesnât drive prices, but plenty of people watch it, and its readings influence some peopleâs decisions.
In the classic interpretation, an RSI above 70 is considered overbought and below 30 oversold; some people use 80 / 20 as more extreme thresholds.
Understanding indicators is easy. The hard part is sticking to your plan when the market is at its most extreme.
RSI itself doesnât drive prices, but plenty of people watch it, and its readings influence some peopleâs decisions.
In the classic interpretation, an RSI above 70 is considered overbought and below 30 oversold; some people use 80 / 20 as more extreme thresholds.
Understanding indicators is easy. The hard part is sticking to your plan when the market is at its most extreme.