$SHELL - The daily RSI is at 56.87, which is higher than the neutral threshold of 50
Binance Spot 1D chart data:
RSI(6): 56.87 Current price: 0.0225 Bollinger Bands 1D: UP 0.0240 / MB 0.0212 / DN 0.0184
RSI(6) on the daily timeframe is currently at 56.87, higher than the 50 level often used as the neutral benchmark.
The current price of 0.0225 is also trading above the daily Bollinger Band midline at 0.0212.
The Bollinger Bands levels on the daily timeframe are:
Upper band: 0.0240 Middle band: 0.0212 Lower band: 0.0184
Thus, the current price is located between the middle band and the upper band of the daily Bollinger Bands.
The daily RSI is also significantly higher than the shorter timeframes.
RSI 15m is 13.17, RSI 1H is 32.90, and RSI 4H is 43.30, while the daily RSI is 56.87.
Different RSI levels indicate that momentum conditions change depending on the timeframe observed.
#SHELL #BTC #ETH
Binance Spot 1D chart data:
RSI(6): 56.87 Current price: 0.0225 Bollinger Bands 1D: UP 0.0240 / MB 0.0212 / DN 0.0184
RSI(6) on the daily timeframe is currently at 56.87, higher than the 50 level often used as the neutral benchmark.
The current price of 0.0225 is also trading above the daily Bollinger Band midline at 0.0212.
The Bollinger Bands levels on the daily timeframe are:
Upper band: 0.0240 Middle band: 0.0212 Lower band: 0.0184
Thus, the current price is located between the middle band and the upper band of the daily Bollinger Bands.
The daily RSI is also significantly higher than the shorter timeframes.
RSI 15m is 13.17, RSI 1H is 32.90, and RSI 4H is 43.30, while the daily RSI is 56.87.
Different RSI levels indicate that momentum conditions change depending on the timeframe observed.
#SHELL #BTC #ETH