In the past four hours, while the overall market for Ramsar has grown red due to Trump’s tariff war against the European Union, the price of Network (PI) has grown by more than 5 % and its market value has reached $ 1.5 billion. The volume of daily trading in Ramsar has also increased to $ 1.5 billion, with a significant 5 percent increase.
As a result of this amazing growth, Token Pie’s price reached its highest historical level on February 7, $ 1.5. However, this rapid growth is accompanied by divergences that indicate future fluctuations.
The Oriental Motion Index (DMI) shows that the upward trend of this romance is very strong. The average direction index (ADX) has also increased from 0.5 to 4.3 in one day, indicating high strength of the trend. The high value of ADX along with the growth index growth (DI+) to 4.1 and the decrease in the negative direction (DI-) to 4.1 emphasizes the market’s uptrend. The long distance between DI+ and Di- also indicates high purchasing pressure on the market. If this trend continues, there is a possibility of higher prices rise in the short term.
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Despite this price growth, the BBTrend bandwidth index has fallen sharply. The index has reached a price correction in the past three days, indicating the possibility of price correction. When the BBTrend becomes severely negative after the price mutation, it usually means saturation, price correction, or slow growth. Network’s foot price may now return to the Bolinger’s middle band or enter a period of consolidation.
If this descending signal leads to a decline, there is a possibility of a $ 1.5 support level test. If this level fails, the price may reach $ 1.5 and fall into a stronger descending scenario, even to $ 1.5.
On the contrary, if the current uptrend continues, the price may move towards a $ 2 resistance to break up to $ 1.5 or even $ 2.
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