Price B3 rises, to become a coin on the basic chain
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The B3 price has risen about 50 % on February 12, making it one of the fastest symbols that have been launched at the base in recent months. As a project focusing on the games founded by the former foundation team members, B3 has become one of the most coins that this course talked about.
Despite the strong gathering, technical indicators indicate that the momentum of the direction abandons, and the pressure pressure began to increase. Whether B3 can maintain its upper momentum or face a deeper correction will depend on the main support and resistance levels in the upcoming sessions.
The DMI scheme shows the B3 direction to reduce
B3 – who defines himself as “Open the-3 games layer– The DMI chart shows a sharp decrease in the ADX, as it decreased from 60.8 to 13.6 in the last 12 hours, indicating a rapid loss of direction strength.
the ADX (average trend index) It measures the strength of the trend, with values higher than 25 indicating a strong direction and values less than 20, which indicates weakness or unification.
While high ADX emphasizes a strong direction, a sudden decrease like this often indicates a potential momentum or transformation in the direction of the market.
Despite this decrease in the strength of the trend, the B3 is still in the trend, as shown by Di +in 19.8, although it decreased from 30. At the same time, -Di rose from 15.6 to 19.1, which indicates an increase Selling pressure for Gaming currency.
Since the Di and -Di +remains close, the market is at a critical stage can determine the decisive step in the next direction.
If +Di regains strength, the bullish trend can resume, but if -Di continues to height, B3 may enter the stage of unification or even a declining direction. Since yesterday, B3 rose, and became The ninth on the base In terms of the maximum market, before the famous symbols such as AIXBT.
With its last height, it became the largest Games on the basic ecosystem.
B3 CMF is currently negative, after staying positively between yesterday and today
CMF is currently in the B3 at -0.08 after staying positively for several hours in a row between yesterday and today. CHAIKIN Money Flow (CMF) measures purchase and sale pressure based on size and price action, with higher values than zero indicating accumulation and values without distributing the zero signal.
CMF height indicates a stronger purchase benefit, while declining or negative CMF indicates increased sale pressure. Earlier, CMF fell from B3 to a negative peak of -0.22, indicating a short period of heavy external flows before trying to recover.
Although the CMF of B3 has recovered from its lowest levels, the remaining negativity at -0.08 indicates that the sale pressure is still present. This can indicate the weakening of the bullish momentum, which makes it difficult for the price to maintain the upper direction.
If CMF continues to recover and turn into positive again, then this will indicate a renewed accumulation, and may support the recovery of prices. However, if it decreases, it may confirm the increase in the pressure side pressure, which leads to more negative or prolonged monotheism.
Predific Prediction B3: Will B3 rise more than 42 %?
EMA lines in B3 still indicate the bullish momentum, where short -term EMAS remains higher than long -term lines. However, the narrow gap between them indicates that the purchase pressure may be weakening.
The price is currently near the main support level at $ 0.01259, which will be decisive in determining the next step. If this support is tested and failed, the B3 may witness a significant decrease, and it may decrease to $ 0.0068 or even 0.0053 dollars, which represents a severe correction of 61 %. Game currencies I am still trying to perform this course well.
On the other hand, if it strengthens the bullish direction, the B3 can push towards the resistance level $ 0.016.
The collapse above this level can indicate a renewed bullish momentum, which leads to a move about $ 0.0195, which represents a rise of 42 %, which makes it one of the most relevant New encryption In the basic ecosystem.
Disintegration
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