Is it too late to buy CAW? Crow With Knife Price Rises 46%, This Could Be The Next Cryptocurrency To Explode.
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crow with sword price soared Over the past 24 hours, more than 46% were trading at $0.0000001376 as of 7:50 a.m. EST, as investors rushed to buy the altcoin.
The surge pushed the cryptocurrency’s weekly performance deeper into green territory. As a result, CAW is up a whopping 775% over the past seven days.
Raven whose knife prices are at a critical level.
CAW/USD 4-hour chart (Source: TradingView)
that much crow holding a sword The price remains at the lower limit of the medium-term upward price channel that has been forming on the chart for the past few days. It is also relying on major support at $0.0000001263.
Closing the 4-hour candle below this key level not only risks the altcoin breaking out of its positive trend, but also could cause CAW to decline to $0.00000008962 in the next 24 hours.
If the Crow With Knife price falls to $0.00000008962, continued selling pressure could send the altcoin plummeting to $0.00000005094 in the near term.
On the other hand, the bearish argument could be invalidated if CAW closes the next two 4-hour candles above $0.0000001263. In this alternative scenario, the Crow With Knife price may have the grounding it needs to remain trading within the aforementioned price channel.
Traders can then push the cryptocurrency price towards the $0.0000001660 resistance level, potentially turning the barrier into support.
The price of the sword-bearing crow may soon be adjusted
Technical indicators on CAW’s 4-hour chart warn that altcoin prices may decline in the next 24 hours. A major bearish signal is on the verge of being triggered by the Moving Average Convergence Divergence (MACD) indicator on the 4-hours chart.
CAW’s positive trend appears likely to end as the MACD line breaks above the MACD signal line. When these two lines intersect, it can indicate: crow holding a sword Cryptocurrency prices have entered a new negative cycle.
As can be seen from the Relative Strength Index (RSI) on the 4-hour chart, buyers still have significant strength over sellers. However, the value of the indicator has gradually decreased over the last 24 hours. This may be a sign that your purchasing power is decreasing.
With CAW’s positive trend potentially coming to an end, investors are turning their attention to online gaming platforms. mega dice And the recently launched DICE token.
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