The Top 100 coins have recently moved down from the higher Daily RSI levels. The average now sits at ~55. This was 65+ just a few days ago. Most of the top 10 coins were sitting well into the "overbought" area around ~80 but are also a little lower now. Generally these aren't signals that something should instantly sell off but you do generally want to get more cautious as this moves higher. The weekly RSI level still sits in the 50s on these coins so there's still plenty of room to move there.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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