The last price of one coin $LAYER is $0.5605. Over the last 24 hours, it has increased by 0.56%. 48.16% of the days the price of $LAYER closed above the opening level.

Based on 17 technical indicators, 2 buy signals, and 11 sell signals, the technical analysis of prices predicts a short-term bearish sentiment. The first significant resistance of the upward trend for $LAYER is at $0.5989. To continue the rise, it is necessary to close above this level. The lower support is at $0.5010. Thus, if the price falls below $0.5010, we may see further price declines. If LAYER closes above $0.5989, it could rise to the next resistance level at $0.6583.

The 14-day Relative Strength Index (RSI) is currently at 39.12, 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.#layer #Solayer #BuiltonSolayer @Solayer