Is Ethereum's Daily RSI Hinting the Best Buy Opportunity?
Is Ethereum's Daily Relative Strength Index (RSI) Hinting the Best Buying Opportunity?
- The last time Ethereum's daily RSI went to an oversold level, ETH was valued at $102 in 2020.
- Typically, when the RSI is below 30, that is considered oversold, indicating that is a buying opportunity.
- If you bought ETH the last time it was oversold, you would have earned %3000 percent in profits.
- The 200 Day Moving Average Indicator also gives us an idea on when is the best buying opportunity.
- As it stands, indicators are hinting that Ethereum is currently at one of the best buying opportunity.
- The last time Ethereum's daily RSI went to an oversold level, ETH was valued at $102 in 2020.
- Typically, when the RSI is below 30, that is considered oversold, indicating that is a buying opportunity.
- If you bought ETH the last time it was oversold, you would have earned %3000 percent in profits.
- The 200 Day Moving Average Indicator also gives us an idea on when is the best buying opportunity.
- As it stands, indicators are hinting that Ethereum is currently at one of the best buying opportunity.