Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字货币市场回升 Recently, the price has been fluctuating around $0.084, slightly down from the previous day. The Trading Volume is not small, but the trend is quite tangled — hovering below the 50-day moving average (around $0.118) and the 200-day moving average (around $0.159), indicating that short-term selling pressure is quite evident, and the market is hesitant to chase.



Looking down, the range from 0.082 to 0.083 is a key support zone. If it cannot hold, it might directly drop to 0.075. On the upside, the 0.11-0.12 range has considerable resistance, where short-term moving averages are clustered. It would only be considered a bit of improvement if it breaks through. From a technical perspective, the RSI is lukewarm and slightly weak, and there are no bullish signs from the MACD. In the short term, it is likely to move sideways.

Don't rush in your operations. Wait for it to stabilize above $0.11, and ensure that the Trading Volume follows up. Confirm that it's not a false breakout before considering entering a long position; for now, just watch.
YGG-0.21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ETHmaxi_NoFiltervip
· 20h ago
YGG is dragging on again. Despite such a high trading volume, it's still moving sideways—a classic bull trap. In my opinion, it needs to break 0.11 to have any potential; otherwise, just wait for it to drop below 0.082.
View OriginalReply0
BlockchainArchaeologistvip
· 12-02 16:49
YGG is really struggling here, if it can't hold 0.082, it will drop directly to 0.075, I bet it will break.
View OriginalReply0
FantasyGuardianvip
· 11-30 15:48
Why is YGG just like a salted fish this time, how long will it stay sideways? It feels like it will either rise big or crash through. This wobbling in between is really annoying.
View OriginalReply0
PumpBeforeRugvip
· 11-30 15:47
This broken thing YGG is dragging its feet again. I'll consider entering a position when it really breaks 0.11; for now, it's just a watch-and-see rhythm.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)