#指标解读 HASH has taken a pretty hard hit today, down 13% in 24h, with the current price at $0.0065.
The RSI(14) is now at 46.3, still not in oversold territory. In other words, despite this drop, the indicators haven't signaled that the price has fallen too far, and bearish momentum hasn't run out yet.
The moving averages don't look good either: the 4H MA7 is at 0.00691, and the MA25 is at 0.00699. The short-term moving average is below the long-term one, and the price is still trading below the moving averages, 6.9% away from the MA25.
Looking down, 0.00648 is the low tested earlier today. Below that is the 7-day low of 0.00614; if that level doesn't hold, we'll have to look for support further down. To the upside, the price first needs to reclaim the MA25 at 0.00699. If it holds above that, it could then make a run at 0.00749.
Right now, the indicators are neutral-to-weak, while the moving averages are bearishly aligned. A sustained move above 0.00699 would ease bearish pressure; a break below 0.00614 would mean looking for support further down.
The RSI(14) is now at 46.3, still not in oversold territory. In other words, despite this drop, the indicators haven't signaled that the price has fallen too far, and bearish momentum hasn't run out yet.
The moving averages don't look good either: the 4H MA7 is at 0.00691, and the MA25 is at 0.00699. The short-term moving average is below the long-term one, and the price is still trading below the moving averages, 6.9% away from the MA25.
Looking down, 0.00648 is the low tested earlier today. Below that is the 7-day low of 0.00614; if that level doesn't hold, we'll have to look for support further down. To the upside, the price first needs to reclaim the MA25 at 0.00699. If it holds above that, it could then make a run at 0.00749.
Right now, the indicators are neutral-to-weak, while the moving averages are bearishly aligned. A sustained move above 0.00699 would ease bearish pressure; a break below 0.00614 would mean looking for support further down.
