What is the method for calculating the relative strength index in the context of digital currencies?

1 answers

• Dec 17, 2021 · 3 years ago
  At BYDFi, we believe that understanding technical indicators like the relative strength index (RSI) is crucial for successful trading. The RSI can be a useful tool for analyzing the strength and momentum of digital currencies. It's important to note that the RSI is just one of many indicators that traders use to make informed decisions. It's always recommended to combine multiple indicators and analyze the overall market conditions before making any trading decisions. If you have any further questions about the RSI or any other technical indicators, feel free to reach out to our team of experts at BYDFi.
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