Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,071 trillion. Bitcoin is up by over 3% after a successful week. Ethereum decreased by almost 2% over the past seven days. XRP gained nearly 2% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
RSI
What is RSI (Relative Strength Index) in Crypto Trading?
The relative strength index (RSI) is a technical indicator used to analyze financial markets. It is intended to chart the current and historical strengths or weaknesses of a stock or market based on the closing prices of a recent trading period. In crypto trading, the RSI can identify overbought or oversold conditions in the market and potential trend reversals. The RSI is calculated using a simple mathematical formula that compares the magnitude of recent gains to recent losses in an…
Block Education
@BlockEducation
6 days ago 61 views