$DF I will do an analysis based on the attached graph:
DF/USDT Technical Analysis:
1. Current Price: $0.08510 (up +24.74% in the last 24h).
2. Important Indicators:
Exponential Moving Average (EMA):
EMA 50 (short term): Indicating the beginning of an upward movement.
EMA 200 (long term): Suggests that the overall trend is still uncertain, but the crossover could confirm bullishness.
RVI (Relative Volatility Index): 70.61, indicating that the asset is overbought in the short term
3. Volume in the Last 24h:
DF: 453.88 million.
USDT: 32.37 million.
4. Key Pricing Points:
24h High: $0.08685.
24h Low: $0.06327.
5. Temporal Performance:
Today: +31.59%.
7 Days: +78.89%.
30 Days: +143.84%.
90 Days: +151.48%.
6. Candlestick Chart: There is a sequence of significant green candles, breaking resistance.
Possible Interpretation:
Short (Bullish) Trend: With the recent rise in price, the asset appears to be in a positive rally. The confluence of EMAs and the increase in volume provide support. If you liked your like, like it and share it with your investor friend who will be happy to help in a possible decision making.
