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$ASR experienced a significant increase of +50% in the last 24 hours and is currently trading in the range of 1.737 USDT after briefly touching a daily high of 1.955. This price surge is confirmed by aggressive technical indicators and sharply increasing volume above 17 million.
From a technical standpoint:
* RSI is at an extreme level of 98.8. This reflects a severely overbought condition, but also indicates a very strong bullish momentum.
* EMA 13/21 has crossed above EMA 99, signaling a solid acceleration of the short-term uptrend.
* The MACD histogram is also beginning to expand, signaling that buyers are still dominant, and there are no signs of significant weakening yet.
In terms of price structure, the rally of $ASR is most likely triggered by a combination of hype around football + volume that has accumulated in a narrow base phase before the breakout. However, with such a high RSI, a correction or profit-taking could happen at any time.
Disclaimer: Not Promotion & Not Financial Advice
#asr #ASRoma #tokenfan #altcoin #football
From a technical standpoint:
* RSI is at an extreme level of 98.8. This reflects a severely overbought condition, but also indicates a very strong bullish momentum.
* EMA 13/21 has crossed above EMA 99, signaling a solid acceleration of the short-term uptrend.
* The MACD histogram is also beginning to expand, signaling that buyers are still dominant, and there are no signs of significant weakening yet.
In terms of price structure, the rally of $ASR is most likely triggered by a combination of hype around football + volume that has accumulated in a narrow base phase before the breakout. However, with such a high RSI, a correction or profit-taking could happen at any time.
Disclaimer: Not Promotion & Not Financial Advice
#asr #ASRoma #tokenfan #altcoin #football
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