#CryptoTrading.

📊Technical Analysis (1 hour) $ALPINE /USDT

1. Price and Trend:

• Current price: $1,353, down 3.01% (probably in the last 24 hours).

• The chart shows a recent sharp decline after a local high of $1,687. This may indicate a correction after the rise. The trend looks corrective, but the overall movement in recent days has been upward to the peak.

2. Moving Averages (MA):

• MA(5): $840,319.40 and MA(10): $569,643.38 (possibly a data error or inaccurate display due to scale; MAs are usually displayed in the same currency as the price, i.e. $1,XXX). Assuming this is an interface error, we pay attention to the chart: the short-term MA (yellow line) crosses the long-term (purple), which may signal a trend change in favor of a decrease.

3. Bollinger Bands (20, 2):

• Upper band (UP): $1.613, middle (MB): $1.476, lower (DN): $1.338.

• The price ($1.353) is closer to the lower band, which may indicate oversold or potential for a rebound if the trend remains neutral.

4. MACD:

• DIF: 0.015, DEA: 0.027, MACD: -0.013.

• The MACD line (DIF) has fallen below the signal line (DEA), which confirms a bearish (derivative) signal. The MACD histogram is negative, which supports the idea of a decrease.

5. Stochastic RSI:

• STOCHRSI: 24,548, MASTOCHRSI: 57,807.

• RSI in the 24,548 zone indicates oversold (below 30), which may signal a possible price recovery, although MASTOCHRSI (57,807) is closer to the neutral zone.

6. Volume:

• Trading volume: 233,056.82 (unit not specified, probably in contracts or base currency). The decline in volume during the price decline may indicate the absence of strong selling pressure.

⚠️Conclusion:

• The current trend is corrective after a sharp increase. The price is in the oversold zone (according to RSI and Bollinger Bands), which may indicate a possible rebound to the level of $1,476 (average Bollinger) or even $1,613 (upper band).

• However, the MACD and MA crossover signal further possible downside if the support at $1,338 is broken.