If you are new to the cryptocurrency market, the RSI (Relative Strength Index) can be a very useful tool to help you. It works like a “thermometer” that shows whether a coin is being bought or sold a lot.

Here’s how simple it is:

• Above 70: The RSI tells you that the coin may be expensive because a lot of people are buying. This could indicate that the price will fall soon.

• Below 30: The coin may be cheap because a lot of people are selling. This could be an opportunity to buy before it goes up again.

Think of it as a traffic light:

• Green (below 30): Keep an eye on it, it might be time to buy.

• Red (above 70): Be careful, it might not be the right time to invest.

The RSI helps you make safer decisions and avoid buying at the top or selling at the bottom. It’s a simple way to understand what’s happening in the market, even for beginners.