$CHZ
There is a recommendation that it will reach 7 times and maybe more in the long term, and I tried to analyze it for you. I entered it from the current price.
Technical Analysis
1. *Moving Average Indicators (MA and EMA)*: Indicates a decrease in prices in the short and long term (0.0872, 0.1075, 0.0796).
2. *Bollinger Bands (BOLL)*: Shows a decrease in volatility.
3. *Relative Strength Index (RSI)*: 33.4581, indicates that the currency is in an oversold zone.
4. *Stochastic Indicator (STOCHRSI)*: 29.2301, indicates that the currency is in an oversold zone.
Technical Analysis
1. *MACD Indicator*: -0.0028, indicates a reversal of the downward trend.
2. *OBV* indicator: 7,187,632,606.2000, indicates an increase in trading volume.
3. *Williams %R* indicator: -75.0000, indicates that the currency is in an oversold zone.
Fundamental Analysis
1. *Current Price*: $0.0850.
2. *Decline*: -8.60% in 24 hours.
3. *Trading Volume*: 68,600,170.0000.
Price Prediction
Based on the analysis, the decline can be expected to continue in the short term due to:
1. Bearish moving average indicators.
2. Oversold zone according to RSI and STOCHRSI.
3. Price decline in 24 hours.
But you should watch:
1. MACD indicator to predict a trend reversal.
2. Increased trading volume.
Trading Tips
1. Reduce risks.
2. Monitor volatility indicators.
3. Wait for buy signals.
Note: This analysis is not financial advice. Please consult with a financial expert before making trading decisions.
