1 XRD = $0.052 USD -- Will the alligator soon move down to find food?

in #radix2 years ago

5% of the rewards of this post are for @steem.amal

Screenshot_20221112-200051_TradingView.jpg
(Chart by TradingView)

The Radix alligator was seen sleeping until about October 10 at about $0.06. Since then it has slowly dropped and risen back to where it is today.

Meanwhile, the Moving Average Convergence Divergence (MACD) oscillator has shifted to a bearish position. This indicates that the price of this asset is falling.

However, the Relative Strength Index (RSI) oscillator also appears to be in oversold territory. This means that the market price of this asset is already below its intrinsic price.

And now we see that the alligator is starting to open its mouth downward. Will it soon move down to find food?

Let's continue following the adventure of this Radix alligator.

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