$MBL Next move:
Based on the chart for MBL/USDT, here are some observations for potential next moves:
1. **Price and Moving Averages**:
- The price is currently at 0.003094, showing an 11.5% increase.
- The EMA (Exponential Moving Averages) for 7, 25, and 99 periods are close to the current price. The 7 EMA (0.003161) is slightly above the price, while the 25 EMA (0.003142) and 99 EMA (0.002966) are just below.
- If the price stays above these EMAs, it might indicate a short-term bullish trend. However, if it falls below the EMAs, a further downward movement could follow.
2. **Stochastic RSI**:
- The Stochastic RSI is low, around 1.54, indicating that MBL might be oversold. A possible reversal could be expected if it starts moving up from this point.
3. **RSI (Relative Strength Index)**:
- The RSI value of 44.5 suggests neutral to slight bearish momentum, as it's below the 50 mark but not in oversold territory.
4. **Recent High and Low**:
- The recent high (0.005034) and the low (0.002752) indicate a range. The price may consolidate within this range before any major breakout or breakdown.
**Next Move**:
- If the price holds above 0.0031 and the RSI/Stochastic RSI starts to move up, we could see another attempt to test higher resistance levels, possibly around 0.0035.
- If the price breaks below the support at 0.0030, it may continue to trend down, potentially retesting the 0.00275 area.#WillBTCBreak100KSoon #cryptomarketcapATH