- The price of the layer collapses above 3.00 dollars, reaching the highest level of $ 3.28, up 13 % in the past 24 hours.
- Macd Al -Stei (0.0686> 0.0441) confirms the promotion of upward momentum.
The price of the layer continues to rise steadily with new standard levels in recent weeks. The cryptocurrency showed distinct flexibility during the previous month through the continuous ups of Saudi Arabia.
The price of the layer on the graph for 4 hours shows a continuous upward pattern since early April because it creates higher levels and lower lower. The price recently penetrated the level of psychological resistance worth $ 3.00 after penetrating it in late April.
According to CMC Data, the price reached the current levels at $ 3.28 after buyers took over a short period of unification between April 27-May 2. Fixed trading volume throughout the upward trend verifies price movements because it indicates the request of the original buyer instead of treating the artificial market.
Will Solayer comfort the price over the 5 -dollar sign?
source: Tradingvief
The Bollinger Bands Index reveals that prices work near the upper range, indicating a strong momentum, but this position may lead to short -term market fluctuations.
The MACD index displays the ups of the ups because the MACD line (0.0686) rises above the signal line (0.0441), and the graph shows positive values. This index arrangement indicates that the momentum will enhance during the next time period.
EMA setting provides additional evidence to support the upscale market predictions. Emas bullish is a pattern indicating that the market will continue to move up with its primary direction. The strong trend continues when Emas is this particular arrangement.
The RSI 68.38 index shows, indicating that assets are close to the excessive conditions in their presence, but they have not yet reached this level. RSI indicators remained above 50 points in most of April, indicating the durability of this upward trend.
Support areas are located at $ 2.87, $ 3.00, and $ 3.22 as a previous height. Resistance levels remain mysterious due to newly accessible peaks, but psychological numbers like $ 3.30 and $ 3.50 may create short -term obstacles.
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