Cryptoknowmics
2022-07-06 23:52:41

STEPN Technical Analysis: Price Upthrust by 4.13%

Key Technical Points The RSI indicators are currently at 55 levels GMT Is currently trading at $0.9786 The Bollinger bands are squeezed as an indication of a bullish trend GMT Past Performance Initially, GMT is trading at 2.7288 on 5th May as the bears persisted to mid-May. The coin has moved in a downtrend to reach the support of 1.11186 on 15th May. This has been followed by a sharp rally towards 1.19995levels where the bulls have taken a pause. Source: Trading View STEPN Technical Analysis GMT Is currently trading at $0.9786 which is a price rise of 4.13%. The coin made an intraday high of $0.9807 on 6th July and a low of $0.8853 with a market capitalization of $5,883,915,469 and a trading volume of $486,188,485. The coin is currently trading above its 20 and 50 days EMA with both the averages sloping upwards. The RSI indicator is at 55 levels with bullish divergence. Furthermore, the RSI line is heading towards the overbought region, while MACD bars are short and green in color indicating a bullish trend. The MACD line is currently trading close to the signal line. Out of the 26 technical indicators,11 are giving a buy signal,9 are neutral and 4 are giving a sell signal. the Oscillators show 2 buys, 8 holds, and 1 sell. The moving averages show 9 buy signals 1 hold and 3 sell. The Bollinger bands are squeezed hence the candle bars are touching the above band as an indication of a bullish trend. The pair is likely to find s...

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