BETA Technical Analysis: Price Spikes And Hits $0.1828

Time Stamp: May 24, 2022 3:30 PM
Source Node: 1324158

Beta Technical Analysis

Key technical points Beta Finance price has risen by 48.04% in the last 24 hours BETA is currently in a strong uptrend The MACD indicator is showing positive momentum BETA Past Performance According to the BETA technical analysis, the cryptocurrency market is still in a good shape. The price has spiked and hit $0.1828, which is a good sign for the buyers. In the last 24 hrs, BETA has traded as low as $0.1206 and as high as $0.2391. The price is currently consolidating near the $0.20 level. Source:Trading View BETA Technical Analysis The technical indicators are also giving positive signs. The RSI is 46 heading to the north indicating a possible bullish trend. The MACD is also in the positive territory and is moving towards the zero line. 9 out of the 26 technical indicators are giving a buy signal, while 6 moving averages and 3 oscillators are also issuing a buy signal. The overall market sentiment is positive for BETA. BETA is currently trading at $0.1828, which is close to the support level of $0.1777. The next support level is $0.1555. If the price breaks below this level, it can drop to $0.1400. On the upside, the first resistance level is at $0.2391. Above this level, the next resistance levels are $0.2555 and $0.2777. The market is currently in a bullish mood and the buyers are in control. The next few days will be crucial for BETA as the price action will give us a clear idea about the future direction of the market. Upcoming Trend The upcoming trend for BETA is bullish. The price is expected to break out of the $0.2391 resistance level and move towards the $0.2555 and $0.2777 levels in the short term. In the medium-term, the price is expected to reach the $0.3500 level.  

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