Here is the updated technical analysis for AdEx (Ticker: $ADX ) as of Friday, April 18, 2025:
💰 Current price:
• Price of $ADX now: $0.0808
• Daily change percentage: +0.028%
• Highest price today: $0.0812
• Lowest price today: $0.0766
📊 Technical Analysis:
1. General trend:
The current price movement shows volatility within a narrow range, indicating a state of anticipation in the market.
2. Momentum indicators:
• Relative Strength Index (RSI): Currently estimated at around 50, indicating a balance between buying and selling forces.
• Moving Average Convergence Divergence (MACD): Shows a slight bullish crossover, which may indicate the beginning of positive momentum.
3. Support and resistance levels:
• Main support: $0.075
• Nearby resistance: $0.085
• Next resistance: $0.095
🔍 Outlook:
If the price can break the resistance level at $0.085 consistently, we may see a target at $0.095 in the short term. However, if the support at $0.075 is broken, the price may head towards $0.070.
