$ALPACA Technical Analysis of Alpaca Finance (ALPACA/USDT)

1. Key Indicators:

• Current Price: $0.0784 (+19.69% for the day)

• 24h High: $0.0850

• 24h Low: $0.0620

• Important Resistance: $0.0850 (next selling barrier)

• Support: $0.0684 (EMA 99) and $0.0620 (recent low)

2. Exponential Moving Averages (EMA)

• EMA(7): $0.0764 → Current price is above, showing upward strength.

• EMA(25): $0.0707 → Bullish crossover with EMA(7), indicating continuation of the rise.

• EMA(99): $0.0684 → Price is well above this average, showing strong recovery.

3. Strength and Momentum Indicators

• RSI (Relative Strength Index):

• RSI(6): 71.11 (Overbought zone – possible correction)

• RSI(12): 70.58 (Still high, but not extremely)

• RSI(24): 65.71 (Still healthy)

→ Indicates that the asset is overbought in the short term, and may correct a bit before rising further.

• MACD (Moving Average Convergence/Divergence):

• MACD 0.0010 (Positive, indicating continuation of the rise)

• DIF above the DEA → Buying strength at the moment

• Stochastic:

• %K: 66.10 | %D: 70.48

→ Not yet in the extreme zone, so it may continue to rise a bit more.

4. Volume and Money Flow

• OBV (On Balance Volume): 94,514,645

• High volume confirms the strength of the upward movement.

• Wm %R (Williams %R): -33.84

• Not yet in extreme overbought, may continue to rise.

Conclusion: Hold or Sell?

Scenario 1: Sell

✔ If you already have profit and want to secure it, selling near $0.0850 may be a good strategy.

✔ The RSI is already in the overbought zone, so there may be a correction before continuing to rise.

Scenario 2: Hold

✔ If you want to try for more gains, you can hold and aim for resistance above $0.09.

✔ The MACD and volume are still bullish, so the short-term trend is still positive.

🔹 Final Verdict: Hold for now, but stay alert for a possible correction around $0.0850.