Cyber
💭Overview
Cyber is a Web3 protocol aimed at building a distributed search network based on decentralization, allowing users to explore content more efficiently and transparently away from traditional media. It relies on a structure similar to the semantic web to enhance the search and recommendation experience.
Cyber enjoys active community support and investors in the blockchain and Web3 space, with continuous updates and developments from a professional team, which enhances its position in the decentralized projects market.
💲Current Prices
Current Price: Approximately 0.14
All-Time High (ATH): 11.12 in May 2021
All-Time Low (ATL): Approximately 0.009 in January 2023
📉Analysis
Support: A strong support level at 0.13 forms an attractive entry point.
Resistance: A key resistance at 0.15, breaking it with confirmed trading volume may open the door for a new rise.
Behavior: The price is moving sideways with a slight upward bias supported by increasing trading volume, indicating a potential bullish trend.
🖊️Technical Indicators
RSI: Approximately 52, indicating a balance between buying and selling.
MACD: Beginning of a positive convergence, signaling potential bullish momentum.
Trading Volume: Average with gradual increase, enhancing the chances of upward trend.
For Investors: Wait for a breakout above the resistance at $0.15 with increased trading volume before entering.
For Traders: Capitalize on the volatility between support 0.13 and resistance 0.15.
Risk Management: Stop loss below 0.13 to minimize potential losses.
DYOR🚨
