Short-term forecasts for the cryptocurrency Alpine F1 Team Fan Token (ALPINE)
Trends and General Sentiment
Bullish Sentiment: Several technical analyses indicate a bullish momentum
Key Levels (Support and Resistance)
Support: The most important support levels are around $1.25 and $1.30. These are prices where strong demand is expected to stop a potential decline.
Resistance: The resistance levels (prices where strong selling pressure is expected) are near $1.45 and $1.60. Exceeding these levels could pave the way for new highs
Technical Analysis: Some indicators such as the RSI (Relative Strength Index) suggest that the token may be approaching overbought territory, which often precedes a pullback. However, other indicators like moving averages and the MACD seem to confirm the bullish momentum.