- The price of the layer exceeds the resistance of $ 3.00, reaching new peaks of $ 3.28, jumped 13% in the last 24 hours.
- The MacD Haussier crossing (0.0686> 0.0441) confirms the strengthening of the ascending momentum.
The price of the layer continues to increase regularly while establishing new records in recent weeks. Cryptocurrency demonstrated exceptional resilience during the previous month thanks to its continuous optimistic price movement.
The price movement of the layer on the 4 -hour graph shows a sustained upward model from early April because it creates higher and higher ups. The price recently crossed the level of psychological resistance of $ 3.00 after allowing it at the end of April.
About CMC Data, the price reached current levels at $ 3.28 after buyers took over from a short period of consolidation between April 27-May 2. The volume of regular trading throughout the trend validates prices because it indicates an authentic demand from buyers rather than handling the artificial market.
Will the Solayer price (layer) exceed the $ 5 mark?
Source: Tradingview
The Bollinger band indicator reveals that prices work near the upper strip, indicating a strong dynamic, but this situation can lead to short -term market oscillations.
The MacD indicator displays upward conditions because the MACD line (0.0686) is above the signal line (0.0441), and the histogram shows positive values. Such an arrangement of indicators indicates that the bullish impulse will be strengthened during the coming period.
The EMA configuration provides additional evidence to support the predictions of the Haussier market. The Haussiers EMA form a scheme which indicates that the market will continue to rise as the main direction. A strong trend persists when EMA form this particular arrangement.
The RSI indicator displays 68.38, which indicates that the asset is closer to the surachat conditions but has not yet reached this level. The RSI indicators remained above 50 points the maximum in April, which demonstrates the robustness of this upward trend.
Assistance areas exist at $ 2.87 and $ 3.00 and $ 3.22 as a previous peak. Resistance levels remain vague due to newly affected peaks, but psychological figures such as $ 3.30 and $ 3.50 could create short -term obstacles.
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