𝗦𝗶𝗺𝗽𝗹𝗲 𝗥𝗦𝗜-𝗯𝗮𝘀𝗲𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝘁𝗵𝗲 𝘁𝗼𝘁𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗰𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝗶𝗲𝘀.
as usual, many people cry out for the failure of the crypto world, this happened in 2015, 2018, 2020 and also in 2022, let's see in detail what happened in the past.
As per the attached graph, the RSI value has reached the oversold zone and is now around 30. but what happened in the past when the total market cap reached this value?
-𝟮𝟬𝟭𝟱: RSI 28, after this value the market capitalization went from 2 billion to 700 billion in December 2017;
-𝟮𝟬𝟭𝟴: RSI 29.5, after this value the market capitalization went from 83 billion to 290 billion in February 2020;
-𝟮𝟬𝟮𝟬 RSI 32.7 after this value, the market capitalization went from 100 billion to 3000 billion in November 2021;
No Financial advice
as usual, many people cry out for the failure of the crypto world, this happened in 2015, 2018, 2020 and also in 2022, let's see in detail what happened in the past.
As per the attached graph, the RSI value has reached the oversold zone and is now around 30. but what happened in the past when the total market cap reached this value?
-𝟮𝟬𝟭𝟱: RSI 28, after this value the market capitalization went from 2 billion to 700 billion in December 2017;
-𝟮𝟬𝟭𝟴: RSI 29.5, after this value the market capitalization went from 83 billion to 290 billion in February 2020;
-𝟮𝟬𝟮𝟬 RSI 32.7 after this value, the market capitalization went from 100 billion to 3000 billion in November 2021;
No Financial advice