SignalQuant

Total Crypto MarketCap at "Oversold Levels" for a while!

CRYPTOCAP:TOTAL   Crypto Total Market Cap, $
https://www.tradingview.com/chart/MvtKmvyy/

The RSI (Relative Strength Index) indicates the relative strength of the market's upward and downward movements, especially when it is below 30, indicating 'oversold levels'.

The RSI for total crypto market cap recently entered oversold territory for the first time in 10 months, and historical patterns suggest that this may be a "buy-the-dip opportunity.

SignalQuant
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.