lolaDec 28, 2021 · 3 years ago2 answers Can RSI periods be used to predict short-term price movements in the cryptocurrency market?
Is it possible to utilize the Relative Strength Index (RSI) periods as a reliable indicator for forecasting short-term price fluctuations in the cryptocurrency market? How effective is RSI in predicting immediate price movements, and what are the limitations of this approach? Can RSI be used as a standalone tool or should it be combined with other technical analysis indicators for better accuracy?