🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
🏆 Commit #USDT# to Share 10,000,000 #PFVS# . The More You Commit, the More $PFVS You Receive!
📅 Duration: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💎 Commit USDT Now: https://www.gate.io/launchpad/2300
Learn More: https://www.gate.io/announcements/article/44878
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【Price Trend Analysis】
1. Candlestick Pattern:
- The recent price has been fluctuating in the range of 2400-2450, showing an overall oscillating upward trend.
- A long yang line appeared in the early stage (September 13th), followed by several K-lines forming a high-level consolidation pattern.
2. Technical Indicators:
- MACD: Both DIF and DEA are positive and gradually rising, and the MACD histogram shows that the bullish strength is increasing, but there are signs of weakening.
- RSI: RSI14 is approaching the overbought zone, currently at 61.58, there may be short-term pullback pressure.
- EMA: The current price is above EMA7 (2407.45), indicating a positive short-term trend; the distance between EMA30 (2366.98) and EMA120 (2437.43) is narrowing, and the long-term trend still needs to be observed.
3. Trading Volume:
- On September 13th, the Trading Volume significantly increased to 825337, indicating an increase in market activity and intense competition between buyers and sellers.
- The Trading Volume has decreased in the following few cycles, indicating that the market has entered a wait-and-see state.