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What are some popular tools for tracking the RSI indicator in the cryptocurrency market?

avatarAnitha VenugopalDec 28, 2021 · 3 years ago3 answers

Can you recommend some popular tools that can be used to track the RSI indicator in the cryptocurrency market? I'm looking for tools that are reliable and provide accurate RSI data for cryptocurrencies. It would be great if the tools also offer additional features or analysis to help with trading decisions. Thank you!

What are some popular tools for tracking the RSI indicator in the cryptocurrency market?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One popular tool for tracking the RSI indicator in the cryptocurrency market is TradingView. It is a widely used platform that provides real-time RSI data for various cryptocurrencies. TradingView offers a range of technical analysis tools and indicators, making it a comprehensive solution for traders. Additionally, it has a user-friendly interface and allows users to customize their charts and set alerts based on RSI levels. Another tool worth mentioning is Coinigy. Coinigy is a cryptocurrency trading platform that offers RSI tracking as one of its features. It provides RSI data for multiple exchanges, allowing users to monitor the RSI of different cryptocurrencies in one place. Coinigy also offers other advanced trading features, such as portfolio management and order execution. If you're looking for a free option, you can consider using the RSI Hunter website. RSI Hunter provides RSI data for various cryptocurrencies and allows users to filter and sort the data based on different criteria. While it may not have as many features as the paid tools, it can still be a useful resource for tracking the RSI indicator in the cryptocurrency market.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to tracking the RSI indicator in the cryptocurrency market, there are several popular tools that traders rely on. One of them is CoinMarketCap. Although CoinMarketCap is primarily known as a cryptocurrency market data aggregator, it also provides RSI data for cryptocurrencies. Traders can use CoinMarketCap to monitor the RSI levels of different cryptocurrencies and make informed trading decisions. Another popular tool is Binance. Binance is one of the largest cryptocurrency exchanges in the world and offers a wide range of trading features, including RSI tracking. Traders can use the Binance platform to access real-time RSI data for various cryptocurrencies and execute trades based on their analysis. In addition to these tools, some traders also use custom-built trading bots that incorporate RSI tracking. These bots can automatically monitor the RSI levels of cryptocurrencies and execute trades based on predefined strategies. However, it's important to note that using trading bots carries risks, and thorough research and testing are necessary before deploying them in live trading environments.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is a popular tool for tracking the RSI indicator in the cryptocurrency market. It provides real-time RSI data for a wide range of cryptocurrencies and offers advanced analysis tools to help traders make informed decisions. With BYDFi, you can set up custom alerts based on RSI levels and receive notifications when certain conditions are met. Additionally, BYDFi offers a user-friendly interface and integrates with multiple cryptocurrency exchanges, allowing you to track the RSI of different cryptocurrencies in one place. Overall, BYDFi is a comprehensive tool for RSI tracking and can be a valuable asset for cryptocurrency traders.