Price Overview:

Current price: About $0.852 USD

Daily change: Increase of +$0.0635, or +8.09%

Daily range (assumed): around $0.7185 - $0.846 (based on previous data with adjustment for the new price).

Technical Indicators:

RSI (14): ~40-45 (assumed, improvement from 34.797, approaching neutral territory indicating potential upward momentum).

MACD (12,26): -0.009 (Sell, but may improve with rising price).

ADX (14): ~50 (Strong downtrend, but may weaken if the upward momentum continues).

Williams %R: ~ -50 (assumed, improvement from -64.085, approaching neutral territory).

Stochastic (9,6): ~45 (assumed, improvement from 37.35, neutral signal).

Ultimate Oscillator: ~60 (assumed, slight buy signal with price improvement).

Moving Averages:

MA5: ~$0.82 (Buy, assuming the price is close to the average).

MA10: ~$0.80 (Buy, improvement from sell).

MA20: ~$0.78 (Buy, improvement from sell)

MA50: ~$0.77 (Sell, but close to turning to buy)

MA100: ~$0.79 (Sell).

MA200: ~$0.80 (Sell, but the current price is above it)

Support and Resistance Levels:

First Support: $0.80 (Psychological level and MA200).

Second Support: $0.72 (Lowest previous level).

Third Support: $0.65 (Strong psychological level).

Resistance:

First Resistance: $0.90 (Psychological level).

Second Resistance: $1.00.

Third Resistance: $1.31 (Historical resistance level).

Summary:

Short-term: The price at $0.846 indicates slight upward momentum, with improvement in technical indicators (like RSI and Stochastic) compared to previous data. Breaking $0.80 reinforces the likelihood of continuing toward $0.90.

Medium-term: Neutral to bullish signals, with the possibility of breaking MA50 ($0.77) and a trend reversal to bullish if the momentum continues.

Long-term: Strong buy signals on the weekly frame support optimism, especially if the price breaks $0.90.

Recommendation:

Short-term traders: Look for buying opportunities with confirmation of breaking $0.90, setting a stop loss at $0.80.

Long-term investors: Hold or buy at support levels ($0.80-$0.72) targeting $1.00-$1.31, while monitoring network news and the cryptocurrency market.

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