$C August 9
Based on 17 technical indicators, 8 buy signals, and 5 sell signals, the short-term sentiment forecast is bullish, based on technical price analysis.
The 14-day Relative Strength Index (RSI) currently stands at 45.07, indicating neutral conditions, meaning the market is neither overbought nor oversold.
On the daily chart, the exponential moving averages show a bullish signal. The price $C (Chainbase) is above the 10-, 20-, and 50-day exponential moving averages but still below the long-term 100- and 200-day exponential moving averages. The 100-day exponential moving average is at a level that is 7.16% above the current rate.