$CTXC

Technical analysis of the symbol #CTXC /USDT is shown as follows:

1. **General trend**: The general price trend was bearish, but there are some indicators of a possible recovery. The price bottomed at 0.1110 and then rose to 0.1622.

2. **Moving Averages**:

- **MA(7) at 0.1395 and MA(25) at 0.1892**: These averages show an improvement in the price in the short term, as the current price has crossed the MA(7).

- **MA(99) at 0.2935**: The price is still below this average, indicating that the general long-term trend is still bearish.

3. **Bollinger Bands (BOLL) indicator**:

- **MB: 0.1794 and DN: 0.0971**: The price is trading between the middle line MB and the lower line DN, indicating the possibility of continuing the move within this range.

4. **Relative Strength Index (RSI)**:

- **RSI(6) at 55.4388**: This indicates that the price is neither in the overbought nor oversold zone, which reflects a relative balance.

5. **MACD indicator**:

- **DIF: -0.0314 and DEA: -0.0338**: It appears that the difference between the two indicators is very small, indicating the possibility of a sideways price movement with no significant driving force in the upward or downward direction.

6. **Volume indicator (VOL)**:

- There has been a noticeable increase in trading volume recently, which may indicate new interest in the market and support for the price.

(This analysis is not financial advice to buy or sell)

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