Okay, let's have a look at ALPACA today!
Currently trading at $0.1756, ALPACA is showing a decent gain of +4.4% in the last 24 hours. That's definitely a positive sign after what looks like a bit of a downtrend recently!
Looking at the chart, we can see that ALPACA has been in a bit of a rollercoaster recently. However, today's green candle suggests that a potential reversal might be brewing.
It's important to be cautious though. The price is still below the key resistance level of around $0.1768 (the 24h high). If ALPACA can break through this level with conviction, it could signal further upward movement.
On the downside, keep an eye on the support level around $0.1586 (the 24h low).
If the price drops below this level, it could indicate further downside potential.The SAR dots (those yellow dots) were above the candles for a bit, indicating a downtrend. But now we see some below, which could signal a possible shift upwards.Overall, ALPACA is showing some positive signs today, but it's still early to call a full reversal. Keep an eye on those key levels and manage your risk accordingly!
Disclaimer: Not financial advice, always DYOR!
#ALPACA #Super029