High-time frame signals like these tend to be much more reliable than hourly signals like the ones we usually track for our swing and scalping trades. However, their results unfold over much longer periods as well.
Potential 250% Gain on the Cards If Historical Patterns Repeat
Back in 2018, when the RSI hit a low of 28, the price of ETH started to recover from just $83 to as much as $4,700 in just 3 years. This was, obviously, a once in a lifetime opportunity at a point when mainstream adoption was relatively weak.
Meanwhile, the same signal popped up in June 2022 as the market was collapsing due to a “perfect storm” of high-profile collapses like Three Arrows Capital, FTX, and Terra’s Luna token and UST stablecoin.
Back then, ETH bottomed at around $1,000, and went on to rise to 3,900 nearly two years later. Finally, the December 2024 – April 2025 bear market was the last instance in which the RSI hit these lows.
Last year, we saw ETH bottoming at around $1,400, to then rally toward a new all-time high of nearly $5,000. This was the fastest recovery of all, underscoring the market’s stronger interest in cryptos compared to previous cycles.
In all of these instances, the subsequent rallies have delivered significant gains to those who buy near the bottom. Right now, the signal is there once again. The RSI is hovering above 30, and the price seems to have been making a strong floor at $1,800.