Market in Last 24 Hours:
BTC is moving in a strong downward trend with price moving below the middle line.
Price volatility is high. The price moved about 10%.
Today’s trend analysis:
1. ETH may see a slight uptrend as it is being supported by the lower band of Bollinger bands.
2. Price at the time of publishing: 40583.5
3. BTC market cap: $814.7 Billion
4. Oscillator indicators are mostly neutral
5. RSI(14) is at 32.19
6. Moving indicators are suggesting a downtrend.
7. Volume indicators observed a similar value with a sudden spike in the recent candles
Price is expected to see a slight upward trend on touching the bottom band of BB. Most oscillators are neutral. MACD line is going in red with no indication of a reversal suggesting a continuation of the bearish trend. RSI(14) is at 32.19, it is going down and still looking to stay there suggesting a bearish trend. Another interesting thing that can be seen is that the volume spikes are similar to the movement of the price.
The analysis is made on the basis of 26 indicators: 11 oscillators and 15 Moving indicators.
BTC is moving in a strong downward trend with price moving below the middle line.
Price volatility is high. The price moved about 10%.
Today’s trend analysis:
1. ETH may see a slight uptrend as it is being supported by the lower band of Bollinger bands.
2. Price at the time of publishing: 40583.5
3. BTC market cap: $814.7 Billion
4. Oscillator indicators are mostly neutral
5. RSI(14) is at 32.19
6. Moving indicators are suggesting a downtrend.
7. Volume indicators observed a similar value with a sudden spike in the recent candles
Price is expected to see a slight upward trend on touching the bottom band of BB. Most oscillators are neutral. MACD line is going in red with no indication of a reversal suggesting a continuation of the bearish trend. RSI(14) is at 32.19, it is going down and still looking to stay there suggesting a bearish trend. Another interesting thing that can be seen is that the volume spikes are similar to the movement of the price.
The analysis is made on the basis of 26 indicators: 11 oscillators and 15 Moving indicators.