Can EMA Death Crossover Bolster $12 Fallout? - BitcoinEthereumNews.com
TeknolohiyaMaaari bang Palakasin ng EMA Death Crossover ang $12 Fallout?05 / 06 / 2022Balita ng Ethereum ng Bitcoin The V-top reversal from the $62.36 mark has plunged the WAVES price to $12 support. The falling price has breached multiple support levels and EMAs support, displaying a 78.23% loss. A failed attempt of altcoin to breach $16.7 resistance suggests the traders are aggressive selling on rallies. Pangunahing puntos: The bearish rally triggers a death crossover between the 50-and-20-day EMA The WAVES price could soon retest the $12 support Ang intraday trading volume sa WAVES ay $738.5 Million, na nagpapahiwatig ng 44.5% na pagkalugi Pinagmulan- Tradingview Ang WAVES price has witnessed a roller-coaster ride over the last two months. The ride started from the Feb-Mar rally, reaching a new All-Time High of the $62.36 mark, followed by a sudden drop in April. The ongoing correction phase has registered a 78.23% loss from the record high and sank it to $12 support. On May 4th, the WAVES price attempted to rebound from the $12 mark with a bullish engulfing candle, but the buyers failed to surpass the immediate resistance of $16.7. The bearish reversal plunged the WAVES price by 18.5% and dropped it to its current level of $13.5. The sustained selling