- Magic Aden jumped over 21 % and is now trading at $ 1.03.
- The daily trading volume in me increased by more than 2826 %.
Recent recovery attempts resulted in a mixed feeling in the encryption market. The maximum market reached $ 3.33 trillion, with neutral feelings where fear and greed index is traded at 57 years. The largest assets such as BTC and ETH are trading of about 105.4 thousand dollars and 2.6 thousand dollars, respectively. Meanwhile, Magic Aden (I) challenged the trend, and spread a leap of more than 21.11 %.
The increase behind me is linked to the Trump wallet. Open commerce At the lowest daily level at about $ 0.844, and with the strong Bulls in Command, send the Magic Eden to the peak of $ 1.16. The assets have tested the decisive resistance areas and broke them between $ 0.8540 and $ 1.14, converting momentum into upward lands.
At the time of this report, Magic Eden was traded at about $ 1.03, as the market ceiling reached 155.02 million dollars. Also, ME’s daily trading volume increased by more than 2826 %, touched 459.76 million dollars, according to CMC data. It is worth noting that $ 3.16 million was me filtering In the market.
Will the Magic momentum carry the highest?
The MACD is via the MACD and the signal line of the magic of Aden over the zero line. This intersection is likely to indicate that the bullish momentum is strong in the market. Traders often conclude as a possible purchase sign. Moreover, the CHAIKIN Money Flow (CMF), which is currently -07, indicates that the money is flowing from the original. Selling pressure is slightly outperforming the purchase pressure.
The active positive momentum of Magic Eden can pay a price towards $ 1.07. The golden cross may appear if the correction of the bullish trend gains sufficient strength, which gradually leads to the original to ignite a strong march, after escalating over an area of $ 1.11.
Unlike, assuming Magic Aden Beers, the price is likely to decrease to its lowest level of about $ 0.99. The deepest correction on the negative side can call for the death cross to form and withdraw the price of the original again towards the level of $ 0.95 or even less.
Moreover, reading the 0.214 BBP (BBP) means that the bulls are stronger than the bears, with the pressure of the upward price. The Magic EDEN (RSI) daily relative index (RSI), located in 76.62, refers to its excessive lands at its peak with the possibility of decline or correction.
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