End can be bought at least it is not easy to fall
It is easier to rise
End can be used for sports events
Not to mention good or bad news, more people pay attention to the end rise point is no problem
In terms of technical analysis, we can see the following points:- Moving Average (MA): There are two moving averages of different colors in the figure, one is the short-term 7-day EMA (exponential moving average), and the other is the long-term 25-day EMA. At present, both moving averages are tilted downward, and the short-term moving average crosses the long-term moving average to form a death cross, which is usually regarded as a bearish signal. - Relative Strength Index (RSI): The RSI value is around 40, which is in the neutral area. However, it should be noted that in the past few days, RSI has touched the oversold zone (below 30) many times, but each rebound is not strong, indicating that market sentiment is relatively weak. - Stochastic indicator (KDJ): The KDJ value is also hovering around 40, and there is no obvious trend. However, from the historical data, when KDJ enters the overbought zone (above 80), it often indicates that the price is about to reverse and fall; vice versa. - Volume (VOL): The volume has increased in recent days, indicating that both long and short sides are actively entering the game. However, in general, there is no sign of significant increase in the volume recently, so it is not possible to conclude that the market has bottomed out or peaked. - MACD indicator: MACD fast and slow lines continue to diverge downward after crossing, and the bar chart also shows an increase in green columns and a decrease in red columns, which are typical weak characteristics. Based on the above analysis, it can be concluded that the currency may face further correction pressure in the short term, and investors are advised to operate with caution. As for the specific point prediction, it is necessary to combine more fundamental and technical information to make a judgment. For example, if there is a major negative event in the subsequent news or the overall market atmosphere deteriorates, the target price of the correction may be lower; on the contrary, if there is a positive news stimulus or the market is strong, the rebound height may also exceed expectations. In short, investment is risky, so be sure to take risk management measures!
ENA/USDT