Price forecast $LAYER
The last price of one Solayer coin $LAYER is $0.5514. In the last 24 hours, it has fallen by 3%. 48.24% of the days, the LAYER price closed above the opening price.
Based on 17 technical indicators, 1 buy signal, and 12 sell signals, the price technical analysis shows a bearish sentiment in the short term. The first significant resistance of the uptrend for LAYER is at $0.5966. To continue rising, it needs to close above this level. The support level is at $0.3592. Thus, if the price drops below $0.3592, we may see further price declines. If $LAYER closes above $0.5966, it may rise to the next resistance level at $0.6583.
The 14-day Relative Strength Index (RSI) currently stands at 49.29, indicating neutral conditions, meaning the market is neither overbought nor oversold. Similarly, the Relative Strength Index (RSI) on the weekly chart is at 50.85, which also indicates neutral market conditions.
On the daily chart, the exponential moving averages show a bearish signal. #BuiltonSolayer
