Oversold levels of Ethereum have reached a high that traders hadn’t witnessed for almost two years, according to the Relative Strength Index (RSI).
The RSI, an indicator that measures the momentum of assets to analyse overbought or oversold conditions, illustrated the magnitude of Ethereum’s recent price dump.
Per TradingView
With the cryptocurrency market suffering from losses up to 20% this week, Ethereum has been one altcoin hit harder than others, as well as
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