The Relative Strength Index (RSI) is one of the easiest and most useful tools for anyone starting out in crypto trading. It helps traders understand whether a coin is overbought (priced too high) or oversold (priced too low). RSI is shown as a number between 0 and 100. If it’s above 70, the coin might be overbought and due for a price drop. If it’s below 30, it could be oversold and ready for a bounce back. This simple signal can help beginners make smarter entry and exit decisions.
Another reason RSI is great for new traders is because it works well with other indicators and doesn’t require complex setups. You can easily find it on most crypto charting platforms like TradingView or Binance. By combining RSI with price trends or support/resistance levels, even beginners can start spotting trading opportunities more confidently. Learning RSI early gives you a strong base for understanding market momentum and protecting your money from bad trades.
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