RSI


Markets

Bitcoin Forms Bullish RSI Divergence Just in Time for U.S. CPI

The bullish divergence means the stage is set for a positive response to a potential soft U.s.

BTC's bullish RSI divergence. (cjweaver13/Pixabay)

Videos

Chasing Bitcoin Now Is Likely a 'Very Late Trade': Analyst

Bitcoin (BTC), the leading cryptocurrency by market value, is currently trading above the $60,000 level, up over 40% in four weeks. Despite the bullish market conditions, analysts at The Market Ear said chasing bitcoin now seems like a "very late trade," as the reading of momentum indicator RSI indicates overbought conditions or a situation where the asset rallied a little too fast and might correct lower soon. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Recent Videos

Markets

Jump in Ether's Relative Strength Index Warrants Your Attention. Here is Why

Ether's 14-week RSI has topped 70, a threshold that marked previous parabolic bull runs.

The weekly RSI has crossed above 70. (TradingView)

Markets

Raging Bitcoin Bull Market Ahead, According to Key Indicator

The crypto's weekly RSI has crossed above 70, indicating a strengthening of upward momentum.

(Spencer Platt/Getty Images)

Markets

Crypto Fear & Greed Index Hits Highest Since November 2021

The index, coupled with an overbought reading on the RSI indicator, suggests bitcoin's bull run might take a breather.

Crypto Fear and Greed Index indicating 72

Videos

Technical Analysis Indicator Shows Extreme Oversold Conditions in Bitcoin

Bitcoin's (BTC) 14-day relative strength index (RSI) has dropped well below 30, indicating oversold conditions in the largest cryptocurrency by market cap. This is the lowest the indicator has dropped to since the coronavirus-induced crash of March 2020. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Markets

Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests

Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.

The 14-day RSI has dropped to lowest since March 2020. (TradingView/CoinDesk)

Videos

Latest Sign of Strengthening Momentum in Bitcoin

Bitcoin's 14-day relative strength index (RSI) recently rose past 80 to its highest since 2019 after bitcoin (BTC) touched a two-month high, according to data from Trading View. This comes as Arcane Research considers this a "proper signal of strengthening momentum in BTC since the bull market of 2021." "All About Bitcoin" host Lawrence Lewitinn breaks down "The Chart of The Day."

CoinDesk placeholder image

Videos

How to Use Charts and Analysis to Invest in Crypto

CoinDesk's Market Analyst Damanick Dantes brings to Consensus 2022 a conversation on how to look at candlestick charts and use basic indicators like RSI to guide entry and exit points into the crypto market.

Recent Videos

Videos

How to Use Charts and Analysis to Invest in Crypto

CoinDesk Market Analyst Damanick Dantes brings to Consensus 2022 a conversation on how to look at candlestick charts and use basic indicators like RSI to guide entry and exit points into the crypto market.

Recent Videos

Pageof 2