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Quinten Francois: Crypto monthly RSI rises above 50 after six months

Quinten Francois: Crypto monthly RSI rises above 50 after six months
Crypto monthly RSI returns above 50

The total crypto monthly Relative Strength Index (RSI) has moved back above the 50 mark after spending six months below it. Quinten Francois stated that this setup was also observed during the crypto market recoveries in 2019 and 2023.

Quinten Francois has previously assessed key developments in the crypto and blockchain sectors. In a past report, he stated that the odds of Bitcoin reaching $100,000 this year had risen to 40% based on price momentum. Francois has also examined Chainlink and DTCC’s platform demo, suggesting it could unlock $50 trillion in assets by improving blockchain efficiency.

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