Radworks (RAD) is currently trading at $ 2.33 and has a market capitalization of $ 119.95 M.
Over the last 24 hours, the price of Radworks has changed by 4.52%, positioning it 413 in the ranking among all cryptocurrencies with a daily volume of $ 15,215,141.
Technical Analysis is a predictive financial market technique concerned with analyzing trading volumes and previous prices in order to predict future price trends.
It is fundamental for Radworks price predictions as it allows an understanding of market sentiment and potential price movements based on historic data.
Three key indicators found in Technical Analysis include:
Trend Lines: These are lines drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trend lines are a visual representation of support and resistance in any time frame.
Relative Strength Index (RSI): This tool is used to identify whether a market is overbought or oversold. If the RSI reads above 70, the market is often considered overbought, and if it reads under 30, the market is considered oversold.
Moving Averages: This is used to identify trends and reversals as well as to establish support and resistance levels. Itâs a line on a chart showing the average price over a set period.
