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. 2023 Feb 2;23(3):1664. doi: 10.3390/s23031664

Table 2.

Average returns of the examined cryptocurrencies after a selected number of days after the signal generated by the RSI application from the first experiment. In summary, the numbers indicate the number of indexes from a specific group that achieves above-average returns. Green indicates positive results, red indicates negative results.

INDEX OVERSOLD OCCURENCES
Nr Index 1 Day 3 Days 7 Days 14 Days 30 Days 60 Days NR %
1. BTC/USD 0.49% 0.62% 1.58% 1.33% 3.45% 2.40% 158/1462 10.81%
2. XRP/USD 2.50% 3.55% 4.10% 11.96% 9.37% 29.56% 74/1462 5.06%
3. ETH/USD −0.44% −2.36% −2.32% 3.38% 19.24% 14.75% 140/1462 9.58%
4. BCH/USD 0.43% 1.16% 7.16% 13.69% 29.41% 10.53% 87/1462 5.95%
5. ADA/USD 1.27% 2.76% 5.18% 7.37% 18.49% 21.38% 133/1462 9.1%
6. LTC/USD 1.38% 1.34% 3.26% 4.22% 7.20% 7.05% 97/1462 6.63%
7. XMR/USD 1.96% 0.96% 2.26% 3.71% 6.05% 2.14% 76/1462 5.2%
8. ICX/USD 0.43% −1.77% −4.50% 0.02% −6.49% −13.05% 74/1462 5.06%
9. BNB/USD 1.49% 1.26% 1.01% 3.32% 9.13% 15.08% 134/1462 9.17%
10. HC/USD −0.21% 1.54% 1.35% 2.46% 0.62% 11.49% 86/1462 5.88%
MARKET 0.38% 0.22% 1.48% 4.59% 8.86% 7.01% 62/1462 4.24%
OVER AVG RESULTS BOTH 8/10 8/10 7/10 6/10 7/10 3/10 106/1462 7.24%
OVER AVG RESULTS PROFITABLE 3/4 3/4 2/4 1/4 2/4 0/4 141/1462 9.66%
OVER AVG RESULTS LOSSY 5/6 5/6 5/6 5/6 5/6 3/6 82/1462 8.45%
INDEX OVERBOUGHT OCCURENCES
Nr Index 1 Day 3 Days 7 Days 14 Days 30 Days 60 Days NR %
1. BTC/USD 0.57% 2.11% 4.69% 8.65% 13.99% 37.04% 158/1462 10.81%
2. XRP/USD 1.46% 4.25% 7.98% 1.13% 7.24% −9.17% 74/1462 5.06%
3. ETH/USD 0.35% 1.36% 2.7% 2.46% 5.41% 7.89% 140/1462 9.58%
4. BCH/USD −0.62% 0.08% −2.45% −5.79% −11.29% −10.79% 87/1462 5.95%
5. ADA/USD 0.96% 3.55% 6.69% 10.49% 22.32% 41.98% 133/1462 9.1%
6. LTC/USD −0.61% −2.35% −5.06% −5.34% −6.00% 6.08% 97/1462 6.63%
7. XMR/USD 0.3% 0.52% 0.43% 1.43% −3.17% 17.75% 76/1462 5.2%
8. ICX/USD 0.18% 2.73% 8.36% 14.65% 17.86% 9.50% 74/1462 5.06%
9. BNB/USD 1.66% 4.90% 11.72% 24.00% 46.40% 98.29% 134/1462 9.17%
10. HC/USD 1.33% 4.46% 8.77% 3.28% −2.36% −24.73% 86/1462 5.88%
MARKET 0.21% 1.10% 2.56% 4.84% 9.08% 31.39% 161/1462 11.01%
OVER AVG RESULTS BOTH 8/10 8/10 7/10 5/10 5/10 4/10 106/1462 7.24%
OVER AVG RESULTS PROFITABLE 4/4 4/4 4/4 3/4 3/4 3/4 141/1462 9.66%
OVER AVG RESULTS LOSSY 4/6 4/6 3/6 2/6 2/6 1/6 82/1462 8.45%