$NIL
- A fairly impressive recovery from the 0.027xx low to 0.14xx, lasting two months, before making a single move above the weekly EMA50, like all the other coins during the August–September rally.
- It is currently stuck between the weekly EMA7 (0.076xx) and EMA50 (0.10xx).
- Trading volume has been stable, but dropped sharply after the price hit its recovery peak of 0.14xx.
- The KDJ momentum indicator has crossed downward, signaling weakening bullish momentum and profit-taking after the previous strong rally.
- Price has formed a narrow swing, with support at (0.54–0.6), where the MA(48–50) is positioned.
This coin is also worth keeping in mind for another time, as the EMAs and MAs are trending sideways and starting to turn upward. For now, it’s worth monitoring the falling volume alongside the declining price and weak bullish momentum. Keep it on the watchlist and look for another entry later.
#nil $NIL @Nillion
- A fairly impressive recovery from the 0.027xx low to 0.14xx, lasting two months, before making a single move above the weekly EMA50, like all the other coins during the August–September rally.
- It is currently stuck between the weekly EMA7 (0.076xx) and EMA50 (0.10xx).
- Trading volume has been stable, but dropped sharply after the price hit its recovery peak of 0.14xx.
- The KDJ momentum indicator has crossed downward, signaling weakening bullish momentum and profit-taking after the previous strong rally.
- Price has formed a narrow swing, with support at (0.54–0.6), where the MA(48–50) is positioned.
This coin is also worth keeping in mind for another time, as the EMAs and MAs are trending sideways and starting to turn upward. For now, it’s worth monitoring the falling volume alongside the declining price and weak bullish momentum. Keep it on the watchlist and look for another entry later.
#nil $NIL @Nillion