Markets· ★★· neutral·

TIA Jumps 28.76% on October 16, but RSI Flashes Overbought

  • —TIA at $0.684, up 28.76% on the day, intraday high $0.7159
  • —Volume of $227.85M is 240.8% above the 30-day average
  • —RSI at 70.3 and stochastic at 88.7 point to overbought conditions
  • —The rally is tied to the Celestia Eden launch, but the link is unconfirmed
Why it matters: TIA's momentum may fade: overbought readings and missing funding/liquidation data raise the risk of a pullback.
Source: DiarioBitcoin