BGB走势分析

Recently, the price of BGB has fluctuated significantly, with notable highs and lows occurring on December 29 and 30. • Between December 28 and 30, BGB formed a downward trend, with highs gradually decreasing.

MACD: In the hourly level, it shows negative values, but there are signs of recovery; at the daily level, it remains positive, indicating a favorable long-term trend.
• RSI: At the hourly level, it is close to the oversold zone (around 41), but has not entered the oversold zone; at the daily level, it is around 66, indicating a strong area.
EMA: At the hourly level, EMA7, EMA30, and EMA120 are all showing a downward trend, indicating significant short-term pressure; at the daily level, EMA7 > EMA30 > EMA120, indicating that the long-term trend is still upward.

BGB shows certain price fluctuations and changes in trading volume in the short term, but the long-term trend remains favorable, and everyone can increase their positions on dips.
#BGB走势分析

As of February 21, the current BGB/USD price is $4.665, down $0.129 from the previous day, with the day's price fluctuating in the range of $4.3000 - $4.7000.
From a technical analysis perspective, the recent support level is around $4.3. If the price can hold above this support level, a light long position can be considered, aiming for the resistance level near $4.68. When the price approaches this resistance level, consider partially exiting to lock in profits. If the price continues to break through the resistance level strongly, higher targets can be looked at. It is recommended to set a stop-loss point at $4.55; if the price drops below this level, it may indicate a trend reversal, and timely stop-loss should be executed to avoid further losses. #BGB走势分析 #币圈 #区块链