The ALPACA/USDT coin is up 9.86%, reaching $0.1761. In the last few hours, the price has reached a high of $0.1827, which confirms the current bullish trend.
Main indicators on the chart:
• MACD is in the positive zone (0.0004), indicating an upward momentum.
• RSI (6) at 83.41, indicating overbought territory, which may indicate the possibility of a correction in the near future.
• The increase in trading volume to 34.75 million confirms the growing interest in the coin.
Reasons to buy ALPACA:
1. Strong uptrend – the price continues to rise, which may be of interest to short-term traders.
2. Positive technical indicators – MACD confirms the bullish trend, indicating the possibility of further growth.
3. High interest from traders and investors, supported by trading volumes, makes ALPACA attractive.
However, it is worth considering that a high RSI level indicates a possible short-term correction. It is recommended to use risk management strategies.
