Pippin/USDT to rise, and based on the chart analysis, that’s a possibility.
STRONG SUPPORT
- The 4HR trendline still holding, which indicates that the downtrend might slow down.
- The price has reached a key zone that was previously resistance and has now turned into support
DIVERGENCE
- The RSI is showing bullish divergence, which signals a potential price reversal.
CHAT PATTERN
- The price is forming a Falling Wedge Pattern which is usually a bullish pattern.
Possible Price Targets
- Short-Term Target: 0.049 USDT
- Long-Term Target: 0.087 - 0.110 USDT
STRONG SUPPORT
- The 4HR trendline still holding, which indicates that the downtrend might slow down.
- The price has reached a key zone that was previously resistance and has now turned into support
DIVERGENCE
- The RSI is showing bullish divergence, which signals a potential price reversal.
CHAT PATTERN
- The price is forming a Falling Wedge Pattern which is usually a bullish pattern.
Possible Price Targets
- Short-Term Target: 0.049 USDT
- Long-Term Target: 0.087 - 0.110 USDT
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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.
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.