Current price: $2.4112.
Last 24h high: $2.5000.
Low in last 24 hours: $2.2422.
Daily change: +3.43%.
Technical indicators:
1. Moving averages:
EMA(7): 2.3809 (shortest range - reflects current fast trend).
EMA(25): 2.3611 (medium range - trend support).
EMA(99): 1.9029 (longer term - reflects long term trend).
Shorter lines are above longer ones, indicating a moderate uptrend.
2. MACD:
Difference (DIF): 0.0205.
Signal line (DEA): 0.0310.
The indicator is in a slightly negative state, which means that the current momentum is a bit weak but improving.
3. Trading volume:
24h trading volume: 44.43M.
comments:
General trend: The market is showing slight positive signs, but the momentum is not strong.
If the price breaks the $2.50 resistance, it could head higher.
The main support is at $2.24. Breaking it could lead to a downside.
advice:
Traders can watch the points between $2.36 (EMA 25) and $2.50.
You should pay attention to the trading volume to confirm the trend.
