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Chainbase hits Binance with a HODLer Airdrop! Don’t miss out—secure your
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If $ACX can successfully break and hold above its weekly MA(25) ($0.2250), it would confirm a more substantial bullish shift, opening the path to higher resistance levels. * Immediate Hurdle: $0.25 - $0.28 🎯 This zone represents the next natural psychological resistance and aligns with previous short-term peaks. * Recovery Target: $0.35 - $0.40 🎯 A stronger continuation of the weekly uptrend could see $ACX aiming for these levels, which were significant resistance points in earlier price action.
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$ACX Having experienced a long downtrend from a previous high of $1.8600, $ACX is currently displaying the characteristics of a potential long-term bottoming process. The relative strength index (RSI) on the weekly chart is at 31.6438, which is low. This indicates that $ACX is far from being overbought on a macro scale, suggesting considerable room for a sustained upward move if this trend continues.
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This week, $ACX has seen a remarkable surge in price, clearly visible on the weekly chart. The current green candle represents a substantial daily gain, pushing the price to $0.2139. This upward momentum is supported by a notable increase in trading volume, significantly higher than recent weeks, confirming strong renewed buying interest. The price has decisively broken above its weekly MA(7) ($0.1613) and is now actively challenging the weekly MA(25) ($0.2250). This indicates a shift in market dynamics.
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$ACX is signaling a powerful reawakening this week, marked by a significant daily gain that's transforming its long-term chart! After a prolonged period of consolidation and decline, this DeFi Gainer is showing strong signs of a potential trend reversal, capturing attention as it emerges from its previous shadows. #acx
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Challenge accepted! Trade $ERA on Binance Futures and get a piece of 130,000 $ERA ! Join here #BinanceFutures #ERA
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