6 May, 2019
Over Sold
Posted on : by : BlockGlossary
Meaning of Over Sold
Means a lot of coin/token holders have sold off their coin and thus crashing the price. It does occur most time after a major price breakout and traders/investors want to cash out their gains.
Though, it could also happen when there is FUD relating to a specific coin/token or the entire crypto community. Over Sold trend of a coin/token could easily be identified using Indicators like RSI.
See Over Bought!
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