🔴 $ORDI $AVAX $MEW Technical Updates & Analysis 🔴
ORDI : The current price of ORDI is $37 (-9%). The price decrease indicates a strong bearish sentiment. The RSI is at 42, suggesting oversold conditions, while the MACD is bearish. Consider selling ORDI if the price breaks below $36.50, targeting $36, but be cautious of potential buybacks due to oversold conditions.
AVAX Analysis: The current price of AVAX is $30.00 (-6% in the last 30 minutes). Support levels are at $28.50 and $27.00, while resistance levels are at $31.50 and $32.50. The RSI is at 38.52, indicating oversold conditions, and the Bollinger Bands are widening, suggesting increased volatility. The 50-period MA is at $30.50, and the 100-period MA is at $31.00, both indicating a bearish trend. AVAX is experiencing a bearish trend, with the price approaching the strong support level of $28.50. A break below this level could lead to further declines. The RSI suggests a potential bounce-back opportunity, but the widening Bollinger Bands indicate increased market volatility.
Mew Analysis: The current price of Mew is $0.0071 (-11%). The significant price decrease indicates a strong bearish sentiment. The RSI is at 35, suggesting oversold conditions, while the MACD is bearish. Consider selling Mew if the price breaks below $0.0068, targeting $0.0065, but be cautious of potential buybacks due to oversold conditions.