- Bitcoin SV Price is trying to recover itself towards the consolidation phase over the daily price chart.
- BSV Crypto has slip[ped below 20, 50, 100 and 200-days Daily Moving Average.
- BSV/BTC pora yra 0.002345 BTC, o dienos metu sumažėjo 3.02%.
Kaina Bitcoin SV seems to be dramatically plunging into the bottom zone of the consolidation phase despite the bulls’ best efforts. BSV must first build a sizable bullish support base before ascending to the upper level. After a thrilling ride on the price roller coaster, BSV was positioned on the daily price chart between $43.77 and $65. On the daily price chart, the BSV coin’s value is rising quickly. The cryptocurrency has to move higher and get near to the upper trendline in order to start a breakout. Until bulls maintain their position at the top trendline, investors in BSV must wait. The daily chart shows that the trend for the BSV currency changed after the hammer candle.
Currently, the market value of Bitcoin SV is $38.70, a decrease of 4.75% from yesterday. The trade volume fell by 18.61% during the intraday trading session. This suggests that sellers are trying to build up so they can see the token decompose.
To accelerate toward the upper trendline of the horizontal range-bound area over the daily price chart, the BSV coin price needs to draw in additional buyers. To reverse the trend, the token must attract massive numbers of buyers. But just now, the token is dropping over the daily chart. Volume change must become better for BSV to climb significantly; it is now below average.
Ką techniniai rodikliai siūlo apie BSV?
Despite efforts to keep prices under control and attract buyers to the region of the horizontal range-bound market, the BSV currency currently appears to be in the hands of bears. To avoid falling into a short seller’s trap, the token must draw in buyers.
Technical indicators point to a declining momentum for the BSV currency. The relative strength indicator shows the BSV coin’s downward movement. Now, BSV investors with the RSI at 35 must keep an eye out for any directional shifts on the daily chart.
Išvada
The price of Bitcoin SV seems to be dramatically plunging into the bottom zone of the consolidation phase despite the bulls’ best efforts. BSV must first build a sizable bullish support base before ascending to the upper level. After a thrilling ride on the price roller coaster, BSV was positioned on the daily price chart between $43.77 and $65. Volume change must become better for BSV to climb significantly; it is now below average. Now, BSV investors with the RSI at 35 must keep an eye out for any directional shifts on the daily chart.
Techniniai lygiai
Palaikymo lygiai: 38.00 ir 35.00 USD
Pasipriešinimo lygis: 44.00 ir 50.00 USD
Atsakomybės neigimas
Autoriaus ar bet kurių šiame straipsnyje įvardytų žmonių išsakytos pažiūros ir nuomonės yra tik informacinio pobūdžio ir neįtvirtina finansinių, investicinių ar kitų patarimų. Investuojant į kriptovaliutų turtą arba prekiaujant juo, kyla finansinių nuostolių rizika.
Source: https://www.thecoinrepublic.com/2022/11/13/bitcoin-sv-price-analysis-will-bsv-crypto-recover-back-inside-the-range/