Made by deciesnovum #API3 4h

Cryptovizor data:

TREND 🟢🟢🟢🟢🔴 MA 🔴 RSI 🟡 29.05.2023

1D Volume 684.3 K CD Week -473.74 K

API3 (API3) is a decentralized API infrastructure that aims to provide secure and decentralized data feeds for Web 3.0 applications.

API3 is in an uptrend up to the 12-hour timeframe but far from the MA. It recently reached a March high, but the weekly CD is negative. The current situation is not bullish. A long position could be considered after consolidating above 1.248-1.288, aiming for 1.35-1.4. A short scenario, with a stop-loss above 1.3 targeting 1.19, seems more probable.

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