Solana RSI Nears 30 as FBI Says Stolen Binance Assets Shift Primarily Into Ether
Photo: TokenPost
Solana (SOL) was closer to the conventional oversold threshold than Ether (ETH) in a Nov. 1 snapshot, while the Federal Bureau of Investigation (FBI) said stolen Binance assets were being converted primarily into Ether. At 1:13 a.m. EDT (05:13 UTC) Nov. 1, the 14-period daily relative strength index (RSI) was 30.4 for SOL and 33.8 for ETH on Binance spot pairs. RSI measures recent price momentum on a scale of 0 to 100; readings below 30 are commonly considered oversold. SOL remained above that level, and the indicator does not confirm a reversal. The FBI said Oct.
Source: TokenPost
