STEEM/USDT
This data suggests STEEM is experiencing strong bullish momentum with high trading volume, especially in the STEEM volume. A further rise could see resistance near 0.2744, while support is near 0.1997.
Key Price Levels:
24h High: 0.2744 USDT
24h Low: 0.1997 USDT
MA60 (60-minute moving average): 0.2446 USDT
Current Price Relative to MA60: The current price (0.2624) is above the MA60, suggesting a potential bullish momentum.
Trading Volume:
24h Volume (STEEM): 240.75M STEEM
24h Volume (USDT): 56.62M USDT
Volume on Binance: 384,426.5 STEEM
Moving Averages:
MA(5): 684,855.1
MA(10): 791,366.3
Analysis:
Price Action: The price has jumped by 31.07% in the last 24 hours, indicating strong upward momentum.
Key Resistance Level: The 24h high at 0.2744 might act as a resistance point if the price attempts to rise further.
Key Support Level: The 24h low at 0.1997 could serve as a support level in case of a pullback.
MA60: The price is above the MA60 (0.2446), which suggests the trend is currently bullish. If the price stays above this level, the positive momentum could continue.
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