Relative Strength Index (RSI) Alert

Bitcoin (BTC)

# Name RSI14 RSI7
1 BINANCE:BTCUSD 67.89853164 N 59.89495876 N
2 TIMEX:BTCUSD 68.01503469 N 61.34093614 N
3 EXMO:BTCUSD 65.94498724 N 60.34889281 N
4 BITTREX:BTCUSD 68.12050462 N 59.90928127 N
5 BITMEX:BXBT 68.32627388 N 60.66305968 N
6 BITMEX:BXBT30M 64.18154764 N 57.13964371 N
7 BITMEX:BXBT_NEXT 68.35484135 N 60.79179611 N
8 BITTREX:WBTCUSD 69.57991811 N 69.6971817 N
9 POLONIEX:WBTCUSD 67.7851322 N 60.96574603 N
10 HITBTC:WBTCUSD 67.91223633 N 60.48822647 N
11 BINANCE:WBTCUSD 68.44437959 N 60.93405241 N
12 BITMEX:XBT 68.25527067 N 60.57391964 N
13 BITMEX:XBT30M 64.16829416 N 57.13285201 N
14 BITMEX:XBTUSDG2023 68.50612756 N 57.63364058 N
15 BITMEX:XBTUSDH2023 68.83828824 N 61.20547438 N
16 BITMEX:XBTUSDM2023 69.56767377 N 61.87632679 N
17 BITMEX:XBTUSDU2023 65.54848667 N 59.92687444 N

Ethereum (ETH)

# Name RSI14 RSI7
1 BITMEX:BETH 64.95340107 N 65.33534636 N
2 BITMEX:BETH30M 61.66108859 N 60.42946081 N
3 BITMEX:BETH_NEXT 64.86358852 N 65.19320848 N
4 BITFLYER:ETHUSD 64.91905196 N 65.32174186 N
5 HITBTC:ETHUSD 64.92797067 N 65.17786149 N
6 BITMEX:ETHUSD 64.86809108 N 65.17462871 N
7 POLONIEX:ETHUSD 64.95699208 N 65.2744631 N
8 BITTREX:ETHUSD 64.78338939 N 65.06564709 N
9 BITSO:ETHUSD 64.81991978 N 65.73242425 N
10 BINANCE:ETHUSD 64.97279324 N 65.3179771 N
11 TIMEX:ETHUSD 64.54527567 N 64.88641319 N
12 EXMO:ETHUSD 63.4826089 N 65.05539128 N
13 BITMEX:ETHUSDH2023 63.15643993 N 63.91712204 N
14 BITMEX:ETHUSD_ETH 62.11037379 N 60.31002966 N
15 BITMEX:ETHUSD_ETHH2023 68.83296045 N 67.81288111 N

Ripple (XRP)

# Name RSI14 RSI7
1 BITSO:XRPUSD 56.9982419 N 55.83789537 N
2 BINANCE:XRPUSD 56.22462094 N 53.74011321 N
3 POLONIEX:XRPUSD 56.09449234 N 53.50109562 N
4 BITTREX:XRPUSD 55.48608581 N 52.31075495 N

Dogecoin (DOGE)

# Name RSI14 RSI7
1 BITTREX:DOGEUSD 63.55113399 N 66.33514417 N
2 HITBTC:DOGEUSD 53.99163528 N 59.4339218 N
3 EXMO:DOGEUSD 62.83990767 N 65.56885091 N
4 BINANCE:DOGEUSD 63.80809752 N 66.47307912 N
5 POLONIEX:DOGEUSD 63.83517589 N 66.70850116 N

CARDANO (ADA)

# Name RSI14 RSI7
1 EXMO:ADAUSD 63.75338489 N 62.91589259 N
2 BITTREX:ADAUSD 64.95078111 N 63.10809704 N
3 HITBTC:ADAUSD 65.10367124 N 63.33685916 N
4 POLONIEX:ADAUSD 65.34230677 N 64.07577051 N
5 BITMEX:ADAUSD 65.01077026 N 63.10836697 N
6 BINANCE:ADAUSD 65.077911 N 63.24195798 N
7 BITMEX:BADA 65.36834495 N 63.65576563 N
8 BITMEX:BADA_NEXT 65.36806 N 63.65005332 N

STELLAR (XLM)

# Name RSI14 RSI7
1 HITBTC:XLMUSD 61.64472352 N 61.07719711 N
2 EXMO:XLMUSD 59.57348707 N 59.01760955 N
3 BINANCE:XLMUSD 62.15402864 N 62.077233 N

The Relative Strength Index (RSI) is a well versed momentum based oscillator which is used to measure the speed (velocity) as well as the change (magnitude) of directional price movements. Essentially RSI, when graphed, provides a visual mean to monitor both the current, as well as historical, strength and weakness of a particular market. The strength or weakness is based on closing prices over the duration of a specified trading period creating a reliable metric of price and momentum changes. Given the popularity of cash settled instruments (stock indexes) and leveraged financial products (the entire field of derivatives); RSI has proven to be a viable indicator of price movements.

J.Welles Wilder Jr. is the creator of the Relative Strength Index. A former Navy mechanic, Wilder would later go on to a career as a mechanical engineer. After a few years of trading commodities, Wilder focused his efforts on the study of technical analysis. In 1978 he published New Concepts in Technical Trading Systems. This work featured the debut of his new momentum oscillator, the Relative Strength Index, better known as RSI.

Over the years, RSI has remained quite popular and is now seen as one of the core, essential tools used by technical analysts the world over. Some practitioners of RSI have gone on to further build upon the work of Wilder. One rather notable example is James Cardwell who used RSI for trend confirmation.

As previously mentioned, RSI is a momentum based oscillator. What this means is that as an oscillator, this indicator operates within a band or a set range of numbers or parameters. Specifically, RSI operates between a scale of 0 and 100. The closer RSI is to 0, the weaker the momentum is for price movements. The opposite is also true. An RSI closer to 100 indicates a period of stronger momentum.

- 14 days is likely the most popular period, however traders have been known to use a wide variety of numbers of days.