$NXPC #NXPC
(1.) A break above 1.60 with strong volume would further confirm the bullish trend.
(2). if price stays above 1.50 or forms a bullish flag, the uptrend may continue.
4-hour chart of NXPC/USDT, the current sentiment appears bullish for the following reasons:
š Key Bullish Indicators:
Price Surge:
The price jumped to $1.5976, a strong upward move.
Currently holding at $1.5363, up +15.46% in 24h.
Moving Averages Crossed:
The shorter-term MA(7) (yellow line) is above the MA(25) (pink line), indicating upward momentum.
Price has also broken above the 99-period MA (purple line), which is a strong bullish signal on a 4h chart.
Volume Spike:
Massive increase in volume confirms strong buying interest.
High volume on green candles suggests real demand rather than just a short-term pump.
Higher Highs and Higher Lows:
The pattern leading up to this shows higher lows and now a new high at 1.5976, classic bullish structure.
ā ļø Caution:
The price slightly pulled back after hitting 1.5976, indicating some profit-taking.
Watch for confirmation in the next candles: if price stays above 1.50 or forms a bullish flag, the uptrend may continue.
Summary:
The trend is bullish in the short term. If you are trading, monitor for consolidation or a continuation pattern. A break above 1.60 with strong volume would further confirm the bullish trend.
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