Ether is Ethereum’s native currency (ETHAccording to the weekly relative strength index (RSI),, ) was “oversold” on June 12th for the first time since November 2018.

After a asset’s RSI reading falls below 30, traditional analysts view it as an excessive sale. The drop is also viewed as an “occasion to” sell the asset.Buy the DipAccording to this belief, an oversold signal will lead to trend reversal.