The RSI is at 50.07, indicating that $ALPHA is approaching overbought levels. This suggests that traders are actively buying, which could lead to a short-term price correction or consolidation.
$ALPHA ’s price is currently supported by bullish signals from its moving averages. Specifically, the 50-day and 200-day moving averages suggest an upward trend.The potential for a golden cross (50-day MA crossing above the 200-day MA) is particularly encouraging for long-term bullishness.
Overall, ALPHA’s technical analysis paints a bullish picture in the short term, with strong buy signals across most indicators.