Technical analysis of the FLOKI/USDT cryptocurrency picture
general information:
Date: March 25, 2024
Time: 8:04 PM
Price: 0.00025490
Change in 24 hours: +11.43%
Volume within 24 hours: 984.24B FLOKI / 238.78M USDT
Highest price in 24 hours: 0.00026627
Lowest price in 24 hours: 0.00022740
Technical analysis indicators:
Moving averages:
MA(5): 92,712,411,365
MA(10): 57,651,943,837
MA(25): 0.00023787
MA(99): 0.00023060
Relative Strength Index (RSI): 12.89% (buy zone)
MACD Indicator: Buy signal
KDJ indicator:
K: 537.19% (overbought area)
D: 592.50% (overbought area)
J: 635.25% (overbought area)
Volume Index (Vol): 1,863,701,446
Bollinger indicator:
Upper range: 0.00026830
Bottom range: 0.00022377
Analysis:
Trend: Up
Support points: 0.00024795 (MA(7)), 0.00023862
Resistance points: 0.00026627 (24-hour high), 0.00026830 (Bollinger upper band)
Signs:
All technical indicators point to an upward trend.
The RSI is in the buy zone, indicating buying pressure.
MACD indicator gives a buy signal.
The KDJ indicator is in the overbought zone, indicating a possible correction.
Recommendations:
For short term investors:
Might be a good time to buy more FLOKI/USDT.
It is important to monitor technical analysis indicators to spot any changes in the trend.
The stop loss order should be placed at 0.00024795 (MA(7)).
For long-term investors:
It may be worth waiting for a correction to occur before buying.
Support and resistance levels should be monitored to determine entry and exit points.
note:
This analysis is only a technical evaluation and does not constitute investment advice.