General Trend: There seems to be a short-term upward trend, as the price indicates an increase of 6.45% over the last 24 hours. Relative Strength Index (RSI): The value of the Relative Strength Index (RSI) is 71.85, indicating that the asset is approaching the overbought territory. This may suggest that there is a possibility of a price correction soon. Moving Averages (MA): MA (7): 2.5795 MA (25): 2.5850 MA (99): 2.4715 The moving averages indicate an upward trend. Trading Volume: The current trading volume is 1,674,748.8, while the moving average of the trading volume (MA 5) is 1,815,372.3, and (MA 10) is 1,643,442.9. This indicates that the current trading volume is close to the averages, suggesting moderate market activity. Support and Resistance Levels: Support: 2.5084, 2.4568, 2.4051 Resistance: 2.6527, 2.6634 Bollinger Bands Indicator: From the picture, it can be observed that the price is very close to the upper limit of the Bollinger Bands indicator, reinforcing the hypothesis of an imminent price correction. Potential Targets: First upward target: 2.6527 (current resistance level) Second upward target: 2.6634 (next resistance level)
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