Based on the image of the Alpine cryptocurrency chart, I can observe the following:
The chart shows a significant upward trend, with the price rising from a low of 0.826 to a peak of 2.570. However, after reaching that peak, the price has begun to retrace, forming a downward correction.
The moving averages (MA) also reflect this movement. The 7-day MA (yellow) has remained above the other moving averages and the price during the upward trend,$ALPINE
but is now close to the current price, indicating a possible loss of momentum. The 25 MA (purple) and the 99 MA (purple) are below the price, confirming that the overall long-term trend remains upward despite the recent correction. The current price is at 1.884, above the 25 MA, suggesting potential support. Volatility (Vol) has increased significantly during the rise, but seems to be decreasing.#alpine #AlpineAlert #inversioninteligente #BİNANCE