Moeda Loyalty Points (MDABTC) has increased by 158% in price since touching bottom on August 13th. This is a huge increase in price and the charts are showing that this token continues to have good momentum.
Let's take a look at the daily chart:
- The RSI is already overbought, so prepare for the retrace. - We are at the top of the Bollinger Bands which push the price down (retrace). - Indicators are on the bullish zone and will need to retrace and consolidate if MDABTC is to continue moving up. - Bullish crossover of the EMA lines with huge momentum, growth and strength.
Here is the weekly chart:
- We have good volume on the weekly. - The indicators are showing good bullish sentiment building up and still plenty of room available for growth. - This one has been going up 3 weeks straight. - Late June was the loading phase. - All time high is set @0.00048612. - 250%+ Profits potential from current price to all time high.
Note: This is no trade advice.
Thanks a lot for reading.
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