$RLC The moving average system is extremely “divergent” (severely deviated):
Pay close attention to the MA data above: MA7 is 0.6912, and MA25 is 0.4321.
The current price (1.0764) is far above the short-term moving average MA7. In technical analysis, this is called a “severe deviation.” The price is like a rubber band stretched to its limit. There are usually two possible outcomes: either it moves sideways while the moving averages gradually catch up, or it plunges again to retest the moving averages (for example, around 0.69).
Pay close attention to the MA data above: MA7 is 0.6912, and MA25 is 0.4321.
The current price (1.0764) is far above the short-term moving average MA7. In technical analysis, this is called a “severe deviation.” The price is like a rubber band stretched to its limit. There are usually two possible outcomes: either it moves sideways while the moving averages gradually catch up, or it plunges again to retest the moving averages (for example, around 0.69).