The price has reached the lowest point for the first half-year.
Due to the relationship between the two counties. Recently, the price fluctuates rapidly, however, this situation could be ending.
As we can see, the price broke out from the lower band of the Bollinger Bands, which means the price could meet pressure from the Bollinger Bands here.
The MACD and RSI do not show any significant changes, however, we still can see some hints here.
The blue line of MACD started to go up, and the RSI recovered from the oversold area.
Let’s expect the price to go up
Due to the relationship between the two counties. Recently, the price fluctuates rapidly, however, this situation could be ending.
As we can see, the price broke out from the lower band of the Bollinger Bands, which means the price could meet pressure from the Bollinger Bands here.
The MACD and RSI do not show any significant changes, however, we still can see some hints here.
The blue line of MACD started to go up, and the RSI recovered from the oversold area.
Let’s expect the price to go up