NIERO Cryptocurrency Analysis 💹
The current chart of the NIERO asset shows a clear upward trend, which is confirmed by a number of technical indicators and trend lines.
1. Price and resistance levels:
At the time of analysis, the asset price is 0.00092920 💲, which is +7.43% higher than the previous level.
The nearest resistance is located at 0.000953 💰, after which further upward movement to the 0.00140000 zone is possible.
It is important to note that the price has consolidated above the Ichimoku cloud 🌥️, which indicates an upward momentum. This signal indicates the possibility of further growth.
2. Indicator:
MA (Moving Average):
The 7-day moving average (SMA) shows a support level at 0.0009490.
The 25-day SMA is at 0.0008519, which is the next significant support level in case of a correction.
Ichimoku: The price is also above the Ichimoku cloud, which, combined with the uptrend, signals a favorable market situation for buyers. ☁️
SAR (Stop and Reverse): Current SAR dots confirm the continuation of the upward movement 🟢, located below the current price at 0.0007211.
3. Potential goals and risks:
If the asset continues to move upward, the nearest target may be the level of 0.00140000, which is an increase of 120.49% 🚀.
However, it is important to consider a possible correction. In case of a breakout of the support level at 0.00086630, the price may return to the lower border in the region of 0.0007311 or even to 0.00066067 ❗️.
Conclusion:
The current situation for NIERO looks optimistic 🔥, with potential for continued growth. However, do not forget about possible corrections and risk management 🛡️.