Two gold backed tokens, PAXG and XAUT, made the list of the eight most oversold Binance perpetuals on the daily chart, both at an RSI of 25.9. RSI is a 14 day momentum gauge where 30 or below marks a stretched run of selling. Their last 24 hours were close to flat, -0.0% and -0.1%.
The deepest readings belong to altcoins. $ALLO leads at 20.6 (+2.0% on the day), then FOGO at 22.7 (-5.1%) and CT at 23.4 (+1.6%).
Across the board, 49 perps sit at 30 or under and 14 at 70 or over, with the average daily RSI at 42.3.
The deepest readings belong to altcoins. $ALLO leads at 20.6 (+2.0% on the day), then FOGO at 22.7 (-5.1%) and CT at 23.4 (+1.6%).
Across the board, 49 perps sit at 30 or under and 14 at 70 or over, with the average daily RSI at 42.3.
