The Relative Strength Index (RSI) is one of the most popular technical indicators in market analysis, including digital asset markets. Introduced by J. Welles Wilder in 1978, the RSI assists traders in measuring the speed and change in price to determine overbought or oversold conditions of an asset. In a volatile world like digital assets, an understanding of RSI can be an invaluable tool.
The Relative Strength Index (RSI) compares the magnitude of recent gains and losses to evaluate the overbought or oversold condition of an asset. The Relative Strength Index (RSI) shows whether a crypto asset is overbought or oversold, which is a great way to identify entry and exit points.