RSI, or Relative Strength Index, is a momentum oscillator used to assess the speed and change of price movements. It helps traders determine whether an asset is overbought or oversold.The RSI is calculated on a scale from 0 to 100. Values above 70 typically indicate that an asset is overbought, suggesting a price drop may be imminent. Conversely, values below 30 suggest that an asset is oversold, indicating a potential price increase.Traders often use RSI in combination with other indicators to make informed decisions about buying or selling an asset. For instance, if the RSI shows an asset is oversold while the price is stabilizing, it may be seen as a buying opportunity. On the other hand, if the RSI indicates overbought conditions, it could prompt a trader to sell or take profits.Overall, RSI is a popular tool for traders seeking to gauge market momentum and identify potential price reversals. Its straightforward nature makes it accessible for both novice and experienced traders alike.