Some savvy traders see an overbought RSI, especially on longer duration charts, as a sign of bullish solid momentum or evidence of the path of least resistance being on the higher side. As the adage goes, the RSI can stay overbought longer than bears can stay solvent.
Source link
Omkar Godbole
https://www.coindesk.com/markets/2024/10/24/solana-looks-overbought-against-ethereum-btc-gold-ratio-stuck-in-a-downtrend/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-10-24 10:11:01