DIAM is on fire today
DIAM is on fire today, up 50%+ as traders pile into this quantum-resistant blockchain gem. The price is testing $0.0133, a key resistance level, while indicators like RSI (78) scream overbought — a pullback could be brewing. If bulls break $0.0133, we could see a FOMO rally toward $0.017–$0.022, but failure risks a drop to $0.0075. With low liquidity and wild swings, this is a high-risk, high-reward play.
More details:
1. Price Action:
- DIAM is testing $0.0133 (upper Bollinger Band), a key resistance level.
- Immediate support lies at $0.00907 (Bollinger Basis), with stronger support at $0.0075 (24h low).
2. Indicators:
- RSI (78.19): Overbought, signaling potential pullback or consolidation.
- Stochastic (%K = 62.68): Neutral but leaning bullish.
- MACD: Bullish crossover (Histogram = 0.00058), but momentum is weakening.
- ADX (44.67): Strong trend strength, favoring continuation if support holds.
3. Volume & Liquidity:
- Trading volume surged 349% on Gate.io, fueling the rally.
- Low liquidity on decentralized platforms ($1.32 pooled) remains a risk.
More details:
1. Price Action:
- DIAM is testing $0.0133 (upper Bollinger Band), a key resistance level.
- Immediate support lies at $0.00907 (Bollinger Basis), with stronger support at $0.0075 (24h low).
2. Indicators:
- RSI (78.19): Overbought, signaling potential pullback or consolidation.
- Stochastic (%K = 62.68): Neutral but leaning bullish.
- MACD: Bullish crossover (Histogram = 0.00058), but momentum is weakening.
- ADX (44.67): Strong trend strength, favoring continuation if support holds.
3. Volume & Liquidity:
- Trading volume surged 349% on Gate.io, fueling the rally.
- Low liquidity on decentralized platforms ($1.32 pooled) remains a risk.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.