Detailed analysis of token $ACE

Current price and movement:

Current price: $4.463 📉

Decrease per day: -1.09% 📉

Resistance levels:

$5.518 💪

$10.227 🚀 (possible increase by 240.33%)

$14.482 🚀

Support Levels:

$4.297 🛡️

$1.969 🛡️ (possible decrease by -53.21%)

Moving averages (SMA):

7-day: $4.719 🔄

25-day: $5.041 🔄

99-day: $8,503 🔄

Indicators:

SAR (0.02, 0.02, 0.2): $5.518 🔄

Volume (SMA, 9): 440.264K 📊

Graphical analysis:

Formation: The token is in a downtrend, forming a “descending wedge” 📉.

Breakout of resistance: A breakout upward is possible, which could lead to a significant increase 🚀.

Conclusion

The ACE token is showing signs of forming a “descending wedge”, which could indicate a possible breakout to the upside 🚀. In case of a successful breakout of the level of $5.518, we can expect a significant increase to $10.227 and higher. However, if the support at $4.297 is broken, a significant decline to the $1.969 level is possible 🐻.

Monitor key resistance and support levels, as well as volumes, to make informed trading decisions 📈.

#ACE