$ORDI
1. Price and Moving Averages (MA):
The current price is 34.03, down by 3.65% in the last 24 hours.
Three moving averages are shown:
MA(7): 34.64 (yellow line)
MA(25): 34.62 (pink line)
MA(99): 35.12 (purple line)
The price has crossed below the MA(7) and MA(25), indicating potential bearish momentum in the short term.
2. MACD (Moving Average Convergence Divergence):
MACD shows DIF = 0.18, DEA = 0.38, and MACD = -0.19.
The histogram is showing decreasing green bars, and the DIF line is below the DEA, signaling a bearish crossover that may indicate a downward trend continuation.
3. Volume and Volume Moving Average (Vol MA):
The volume indicator shows some spikes, with recent bars below the moving averages MA(5) and MA(10), suggesting reduced buying interest.
4. RSI (Relative Strength Index):
RSI(14) is at 44.42, which is within the neutral zone but approaching oversold territory. If RSI continues downward, it may suggest the asset is oversold, which could indicate a potential reversal.
5. Support and Resistance:
Recent low was 29.10, while the recent high reached 38.64. Current resistance appears near the MA(99) at 35.12, and support could be around the 33.61 level.
Overall, analyse suggest caution due to potential bearish signals, though the RSI indicates that the price might approach an oversold level soon.