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The Relative Strength Index (RSI) is a crucial momentum indicator used by traders and investors to gauge market trends. Whether in crypto or stocks, RSI helps identify overbought or oversold conditions, guiding strategic buy or sell decisions.
- RSI is a 14-day momentum indicator used to spot overbought (above 75) or oversold (below 25) market conditions.
- It applies to both crypto and stock markets, aiding swing traders and day traders in timing entries and exits.
- RSI is not foolproof—external shocks like COVID-19 can disrupt its accuracy, requiring complementary market analysis.
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