According to the stated report, currency $FLOKI is trading at a level of 0.00010663 with a daily increase of +5.5%.
The EMA(10) indicator is very close to the price, reflecting a state of volatility and weak buying pressure.
The EMA(25) and EMA(50) averages are crossing negatively, indicating a short-term downward trend.
The area of 0.00010000 is considered an important support, and breaking it could push the price towards 0.00008700.
Conversely, the nearest resistance is at 0.00012455, and breaking it could open the way towards 0.00014300.
The RSI indicator at 41 reflects that the momentum is still weak and closer to oversold areas.
The MACD indicator is in the negative zone with the lines converging, indicating a weakness in the trend.
Overall, the trend tends to decline, but maintaining the current support could open up a limited rebound opportunity.
#FLOKI? #BinanceSquareTalks
The EMA(10) indicator is very close to the price, reflecting a state of volatility and weak buying pressure.
The EMA(25) and EMA(50) averages are crossing negatively, indicating a short-term downward trend.
The area of 0.00010000 is considered an important support, and breaking it could push the price towards 0.00008700.
Conversely, the nearest resistance is at 0.00012455, and breaking it could open the way towards 0.00014300.
The RSI indicator at 41 reflects that the momentum is still weak and closer to oversold areas.
The MACD indicator is in the negative zone with the lines converging, indicating a weakness in the trend.
Overall, the trend tends to decline, but maintaining the current support could open up a limited rebound opportunity.
#FLOKI? #BinanceSquareTalks
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FLOKI
0.00010257
+3.26%
