Analysis: Ethereum is now extremely oversold, with RSI at its lowest level since the April low.

BlockBeats News, September 26th, Analysts stated that Ethereum’s RSI (Relative Strength Index) is at its lowest level since April when ETH touched a low of $1384. Since then, ETH has risen by 189%. The future direction is hard to predict, but such a low RSI suggests that ETH has been extremely oversold. Additionally, today sees over $5.2 billion in ETH options expiring, making it one of the largest quarter-end expiry ever, with ETH’s major pain point at around $3,800. After this settlement, ETH is expected to see a subsequent uptrend.