diff --git a/freqtrade/plugins/pairlist/rangestabilityfilter.py b/freqtrade/plugins/pairlist/rangestabilityfilter.py
index 0bc2cdb47..1bc7ad48f 100644
--- a/freqtrade/plugins/pairlist/rangestabilityfilter.py
+++ b/freqtrade/plugins/pairlist/rangestabilityfilter.py
@@ -100,23 +100,19 @@ class RangeStabilityFilter(IPairList):
         if cached_res is not None:
             return cached_res
 
-        result = False
+        result = True
         if daily_candles is not None and not daily_candles.empty:
             highest_high = daily_candles['high'].max()
             lowest_low = daily_candles['low'].min()
             pct_change = ((highest_high - lowest_low) / lowest_low) if lowest_low > 0 else 0
-            if pct_change >= self._min_rate_of_change:
-                result = True
-            else:
+            if pct_change < self._min_rate_of_change:
                 self.log_once(f"Removed {pair} from whitelist, because rate of change "
                               f"over {self._days} {plural(self._days, 'day')} is {pct_change:.3f}, "
                               f"which is below the threshold of {self._min_rate_of_change}.",
                               logger.info)
                 result = False
             if self._max_rate_of_change:
-                if pct_change <= self._max_rate_of_change:
-                    result = True
-                else:
+                if pct_change > self._max_rate_of_change:
                     self.log_once(
                         f"Removed {pair} from whitelist, because rate of change "
                         f"over {self._days} {plural(self._days, 'day')} is {pct_change:.3f}, "
diff --git a/tests/plugins/test_pairlist.py b/tests/plugins/test_pairlist.py
index 48a0f81cb..538751251 100644
--- a/tests/plugins/test_pairlist.py
+++ b/tests/plugins/test_pairlist.py
@@ -467,6 +467,10 @@ def test_VolumePairList_refresh_empty(mocker, markets_empty, whitelist_conf):
       {"method": "RangeStabilityFilter", "lookback_days": 10,
        "max_rate_of_change": 0.01, "refresh_period": 1440}],
      "BTC", []),  # All removed because of max_rate_of_change being 0.017
+    ([{"method": "StaticPairList"},
+      {"method": "RangeStabilityFilter", "lookback_days": 10,
+        "min_rate_of_change": 0.018, "max_rate_of_change": 0.02, "refresh_period": 1440}],
+     "BTC", []),  # All removed - limits are above the highest change_rate
     ([{"method": "StaticPairList"},
       {"method": "VolatilityFilter", "lookback_days": 3,
        "min_volatility": 0.002, "max_volatility": 0.004, "refresh_period": 1440}],