One-day RSI value of AXS is 60, relatively trading towards the overbought region. If RSI reaches 70, we can expect that the region will also be close to the EMA 200 fluctuation area around $11-$12.5. However, currently, there are 2 critical zones to look out for AXS which are $8.78 and $6.7. If AXS tends to touch and break the $8.78, a possibility of reaching...
Uniswap's RSI value on the 1-day chart of UNI/USDT is 49.91. This indicates that UNI is gaining more market volatility because it is slowly reaching the zone of RSI value between 50 and 70. The 1Day chart of the UNI 200-day and 50-day Moving Averages is shown above (MA). UNI is now in a negative trend, as seen by the recent downturn. Because the 200-MA is above...
The RSI value of the 1-Day chart is 55.38. It means that SOL is having good price fluctuation at the moment. But the candlesticks are above 50-day MA now, meaning that the price is heading for a reversal. Moreover, we need to consider that it’s still under 200-day MA. SOL has broken out of the falling wedge; traders need to wait for a reversal to touch the...
The Keltner Channel signs for ImmutableX (IMX) show that the current bear run may stop for a while because the latest candlesticks are slowly reversing from the lower end part of the second half of the channel. Been dramatically falling from the price region of $4.671, IMX broke many psychological support levels, forming a new lower low every month and now...