Analytics on #CTXC/USDT 📊
Current situation:
The price of CTXC is at 0.2321 USDT, showing an increase of 8.66%. The asset has been within the descending channel since the beginning of April 2024.
Technical indicators:
MA (7, 25, 99):
MA 7 (0.1730 USDT) and MA 25 (0.1575 USDT) are below the current price, indicating a possible short-term recovery.
MA 99 (0.2632 USDT) is above the current price, which is a long-term resistance level.
SAR: Parabolic SAR indicates support at 0.1342 USDT.
Ichimoku: The Ichimoku Cloud shows possible support at 0.1886 USDT and resistance at 0.1945 USDT.
Support and resistance:
Main resistance at 0.2632 USDT. Main support at 0.1342 USDT.
Trend:
A descending channel indicates a continuation of the bearish trend. In case of a breakdown of the level of 0.2632 USDT, a movement to the level of 0.3000 USDT is possible, but this requires confirmation by volumes and candlestick patterns.
