Chatcoin Technical Analysis: Price Upsurge by 47.74%

Technical Key Points Chat is on a bullish trend It is trading at $0.001303 The MACD shows a bullish trend Chat Past Performance In the last 24 hrs, Chat has been trading as low as $0.0008383 and as high as $0.001868. The trading volume is $624,110 and the market capitalization is $1,279,596. From 28 May to early June, Chat has been facing downward pressure. Since then it has been on a slight uptrend but is still not able to recover all its losses. Source: Trading view Chatcoin Technical Analysis According to chat technical analysis it is currently trading at $0.001303, a price rise of 47.74% in the last 24hrs. The RSI for chat is currently at 60.6 which indicates that the market is neither overbought nor oversold and has scope for more movement. The MACD is currently in the bullish zone with a crossover signal line indicating an upward trend. The MACD bars are starting to form green and small bars indicating a weakening of the bullish momentum. The RSI is on its uptrend to face the 70 regions. The Stochastic lines are in the overbought region but have not yet made a bearish crossover. The Bollinger Bands for chat show that the market is currently in a state of consolidation with no clear direction. The recent candlesticks have been bouncing off the lower Bollinger Band indicating support at the $0.001 level. Out of the 26 indicators, 17 show a buying signal, 1 show a selling signal and 8 are giving a neutral signal. The oscill...