On the 4-hour chart, we discovered that the price entered the oversold region of the RSI. Quant Price Analysis: FET/USD 4-hour Chart Outlook Today’s Light pink coloured histogram(instead of a red coloured) one is a sign that the price is rising. Today’s histogram of the Moving Average Convergence and Divergence shows that the price is rising. The indicator shows that the price activities are trying to recover from the downswing from below the two moving averages. They manage to keep the market on the upside until the 16th of August when the bears became stronger and drove the price below the 21-day and the 9-day moving average.įetch.ai Price Analysis: Information From the Indicators Some of Those bullish moves from the 13th of August to the 16th of August were not strong moves, but they manage to keep the price considerably on the upside. Then the market took an up and down swing before the bulls begins to push the price up. Support: $0.08387266, $0.09495143, $0.07629246įetch.ai Price Analysis: FET/USD The Consolidation and the Swingįrom early July’s support level of $0.07337700, the market appears to be ranging till the 6th of July.FET/USD circulating supply: 746,113,681 FET.Then between yesterday and today, bulls began to push the market to the upside by a gain of 6.7%. Then, The bears became strong enough to bring the price down. the market consolidated between 7th August to 17th August. In a broad view, the bulls have slightly raised the trend of the market, before it starts to range sideways. Selling pressure of FET/USD has been able to drive the price below the 21-day moving average, although both the bulls and the bears have not made the market lively. Join Our Telegram channel to stay up to date on breaking news coverage
0 kommentar(er)
