$CHIP surged 7% after five consecutive days of declines, with the 4-hour EMA9 just crossing above the WMA45.
Since October 13, $CHIP fell from around $0.058 to a low of $0.0388 on October 18. The price has moved in the opposite direction over the past four days and is now around $0.047.
On the 4-hour chart, the EMA9 has crossed above the WMA45, while the RSI14 is around 54. On the 1-hour chart, the price has just dipped slightly below the EMA9. The $0.0444 area is the nearest support, while $0.051 is the resistance above.
$CHIP was listed only about six months ago and is part of Binance's Seed group — liquidity is still thin, and it is more volatile than larger coins.
Personal observation, not investment advice
#TinFed #TheoDõiFOMC #CHIP
Since October 13, $CHIP fell from around $0.058 to a low of $0.0388 on October 18. The price has moved in the opposite direction over the past four days and is now around $0.047.
On the 4-hour chart, the EMA9 has crossed above the WMA45, while the RSI14 is around 54. On the 1-hour chart, the price has just dipped slightly below the EMA9. The $0.0444 area is the nearest support, while $0.051 is the resistance above.
$CHIP was listed only about six months ago and is part of Binance's Seed group — liquidity is still thin, and it is more volatile than larger coins.
Personal observation, not investment advice
#TinFed #TheoDõiFOMC #CHIP