The last price of one coin $LAYER is $0.5634. Over the last 24 hours, it has increased by 0.86%. 48.19% of the days the price of $LAYER closed above the opening level.
Based on 17 technical indicators, 1 buy signal, and 12 sell signals, the technical analysis of the price shows a bearish outlook in the short term. The first significant resistance of the upward trend for $LAYER is at the level of $0.5989. To continue rising, it needs to close above this level. The lower support is at $0.5010. #Solay, if the price drops 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) currently stands at 42.21, indicating neutral conditions, meaning the market is neither overbought nor oversold. The Relative Strength Index (RSI) on the weekly chart is 50.85, which also indicates neutral market conditions.
On the daily chart, the exponential moving averages show a bearish signal. The price of UniLayer is currently below all exponential moving averages.