FF has been oscillating back and forth in a narrow range these past two days, with the current price around 0.0946, just above several moving averages—the 7-hour, 25-hour, and 99-hour moving averages are at 0.0945, 0.0940, and 0.0943, respectively. The overall pattern appears to be mixed, with a slightly cautious bullish sentiment.
From the top view, if it can cleanly break through the range of 0.095 to 0.10 (where there is a concentration of moving averages + previous short-term resistance, and it has previously surged to 0.10598), there will be an opportunity to push upwards towards 0.10 to 0.108. On the downside, recent support is at 0.093 to 0.091, and further down there is a stronger support at 0.09014.
The trading volume is at a moderate level, occasionally there will be a few large orders, but for a real upward movement, the key is still whether it can firmly stabilize in the moving average area, while also being supported by trading volume.
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Blockblind
· 6h ago
It's really frustrating to see the market swinging above the moving averages like this.
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LayerZeroHero
· 6h ago
The dense moving average zone of FF is really annoying, just lingering here, when will it finally break?
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ColdWalletGuardian
· 6h ago
The price of FF is really stuck, and the moving averages piled up can’t say anything.
If it can't move, it will go straight down to 0.091, and that will be the real test.
FF has been oscillating back and forth in a narrow range these past two days, with the current price around 0.0946, just above several moving averages—the 7-hour, 25-hour, and 99-hour moving averages are at 0.0945, 0.0940, and 0.0943, respectively. The overall pattern appears to be mixed, with a slightly cautious bullish sentiment.
From the top view, if it can cleanly break through the range of 0.095 to 0.10 (where there is a concentration of moving averages + previous short-term resistance, and it has previously surged to 0.10598), there will be an opportunity to push upwards towards 0.10 to 0.108. On the downside, recent support is at 0.093 to 0.091, and further down there is a stronger support at 0.09014.
The trading volume is at a moderate level, occasionally there will be a few large orders, but for a real upward movement, the key is still whether it can firmly stabilize in the moving average area, while also being supported by trading volume.