Detailed analysis of token $ACE
Current price and movement:
Current price: $4.463 📉
Decrease per day: -1.09% 📉
Resistance levels:
$5.518 💪
$10.227 🚀 (possible increase by 240.33%)
$14.482 🚀
Support Levels:
$4.297 🛡️
$1.969 🛡️ (possible decrease by -53.21%)
Moving averages (SMA):
7-day: $4.719 🔄
25-day: $5.041 🔄
99-day: $8,503 🔄
Indicators:
SAR (0.02, 0.02, 0.2): $5.518 🔄
Volume (SMA, 9): 440.264K 📊
Graphical analysis:
Formation: The token is in a downtrend, forming a “descending wedge” 📉.
Breakout of resistance: A breakout upward is possible, which could lead to a significant increase 🚀.
Conclusion
The ACE token is showing signs of forming a “descending wedge”, which could indicate a possible breakout to the upside 🚀. In case of a successful breakout of the level of $5.518, we can expect a significant increase to $10.227 and higher. However, if the support at $4.297 is broken, a significant decline to the $1.969 level is possible 🐻.
Monitor key resistance and support levels, as well as volumes, to make informed trading decisions 📈.
