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ALT price under pressure at $0.44, OP now showing a death cross signal

ALT price under pressure at $0.44, OP now showing a death cross signal

Bitget2024/01/29 08:20
OP-1.65%CFX-1.56%ALT-2.11%

According to Aicion News, based on the 45-minute custom period data, there are new trend signals for Hot Coin ALT, OP, and CFX as follows:

ALT: There is support near the EMA moving average line. The MACD bullish volume column is shrinking. Pay attention to whether the subsequent yellow line (DEA) can effectively break through the zero axis. The upper resistance is $0.44 and the lower support is $0.38.

OP: The EMA24 has crossed below EMA52. The MACD bullish volume column is shrinking. Pay attention to the support at $3.015; if it falls below that level, consider a bearish view.

CFX: The bullish momentum of MACD is weakening. There is pressure at $0.25; if it can effectively break through, it's a bullish signal; if it encounters resistance and falls back, pay attention to $0.235.

The market fluctuates frequently and technical signals are prone to failure. Data provided here are for reference only and do not constitute any investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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