Welcome to the Global Crypto Insight platform. This tool is designed to assist cryptocurrency traders in making informed decisions by analyzing real-time data from major exchanges like Binance and Bybit.
What is RSI?
The Relative Strength Index (RSI) is a momentum indicator that evaluates overvalued or undervalued conditions.
- RSI < 30 (Oversold): Suggests the asset may be undervalued, indicating a potential buy opportunity.
- RSI > 70 (Overbought): Suggests the asset may be overvalued, indicating a potential sell signal.
By combining RSI with Volume Analysis, this scanner helps filter out false signals. A volume spike during an oversold condition often indicates a strong reversal.
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