TL; DR Breakdown C98 was following a favorable trend on the previous day’s Coin98 price analysis chart.The daily price analysis chart shows that the coin has been trading moderately within a tight range.C98 is trading in a slight bullish momentum on the daily price analysis chart. Coin98 price analysis: General price overview C98 was following a favorable trend on the previous day’s Coin98 price analysis chart. However, this bullish movement was halted by solid selling pressure when the daily rice analysis chart set in, causing the prices to drop sharply to the lowest level on the daily price analysis chart at $3.9. The bulls seemed to be on the drawing board strategizing a possible attack that would alter the current negative trend. The bulls congregated in large numbers and amassed enough power to establish solid support that reversed the bearish trend, causing the Coin98 to surge. The Bollinger bands are narrow on the early trading hours, meaning the coin is moderately volatile. The rice was lying slightly above the Lower band and shown possibilities to cross below the band; this indicates that the market is in the hands of the sellers. The daily price analysis chart shows that the coin has been trading moderately within a tight range, meaning the coin is trading in a less volatile market. On the five-day Coin98 price analysis chart, 50-day MA seems to have crossed above 100-day MA. This is an indication ...
