these posts that help the crypto community not those prediction posts taken from AI
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Bearish
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.
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