LAYER Rise Path

Price Trend Analysis

Candlestick Pattern:

Recently, the price has shown a significant upward trend, especially during the period from April 29, 2025, 11:00 to 15:00, where the price quickly rose from 2.9813 to 3.1138, forming a long bullish candle, indicating strong buying power.

During the period from April 29, 2025, 08:00 to 10:00, the price fell from 2.9634 to 2.9812, forming a bearish candle with a long lower shadow, indicating strong support encountered during the decline.

Technical Indicators:

MACD: Both DIF and DEA are in positive territory, and the MACD histogram continues to expand, indicating that the market is in a bullish trend with strong momentum.

RSI: RSI(14) reached 78.0935 at 15:00 on April 29, 2025, entering overbought territory.