💡 Quick technical analysis:
✅ Rocket jump! ALPINE soared from $0.774 to $1.368 with an amazing rise of over +75% within the day, reflecting intense buying interest and strong liquidity influx.
✅ Relative stability after the jump: The price is currently at $1.076 and shows consolidation above the launch level, which may be a sign of accumulation before a new upward wave.
✅ Low RSI = Golden Opportunity? The Relative Strength Index (RSI) is at 28.95, indicating that the price is in the 'oversold' zone → we may witness a bullish rebound very soon.
✅ MACD is approaching a positive crossover: Weakening downward momentum and the beginning of balance in MACD may be an early signal for a trend change towards the upside.
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🚀 Expected Scenario:
If ALPINE breaks the $1.15 level again, we may witness a new surge towards $1.30 then $1.36, which is the highest level in 24 hours!
In case of a pullback, the $1.00 - $0.97 area may form strong support due to previous liquidity accumulation.
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📊 Technical pattern in formation?
Based on price movements, a potential bullish flag pattern can be observed – after a sharp rise, the price moves horizontally in a narrow range, suggesting preparation for an upcoming price explosion if a breakout occurs upwards.
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🚨 Supporting signals from indicators:
RSI below 30? This means the price may be at a temporary bottom → perfect time to follow up!
Gradual decline in selling volumes = Selling pressure is easing, paving the way for a new upward wave.
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🎯 Predictions for the next movement:
Nearby resistance: $1.15 then $1.30
Strong support: $1.00 then $0.97
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💬 My personal opinion:
ALPINE is undergoing a consolidation phase after a strong rise. If the indicators remain as they are with a breakout of resistance, we may see a violent upward movement. The low RSI gives strong signals of an impending positive price explosion.
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✅ Final Advice:
And don't forget to use a stop loss below $0.97 to protect capital in case of a trend reversal.
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📢 Do you think ALPINE will explode again and head towards $1.36 then $1.50? Share your predictions!