BANK is currently performing well, with the price hovering around 0.0375, steadily staying above the 7-hour, 25-hour, and 99-hour moving averages( approximately 0.0371, 0.0366, and 0.0359), indicating a generally bullish pattern. If it can break through the 0.038-0.040 range, there is a chance to surge towards 0.041-0.045, which is a convergence zone of previous intraday highs. Conversely, the recent support levels are at 0.036-0.035, and further down is the oscillating low at 0.0335, which serves as a stronger support. However, the trading volume only occasionally spikes with buy peaks; overall, it remains moderate. To sustain an upward trend, continuous volume above these moving averages is necessary.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BANK is currently performing well, with the price hovering around 0.0375, steadily staying above the 7-hour, 25-hour, and 99-hour moving averages( approximately 0.0371, 0.0366, and 0.0359), indicating a generally bullish pattern. If it can break through the 0.038-0.040 range, there is a chance to surge towards 0.041-0.045, which is a convergence zone of previous intraday highs. Conversely, the recent support levels are at 0.036-0.035, and further down is the oscillating low at 0.0335, which serves as a stronger support. However, the trading volume only occasionally spikes with buy peaks; overall, it remains moderate. To sustain an upward trend, continuous volume above these moving averages is necessary.