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The Aavegotchi token has recovered from the previous market dip. This occurred as prices increased by roughly 7% at the time of writing, making it the second most profitable coin at this moment. More details are provided below.
GHST Statistics:
Current Price: $0.624
Market Capitalization: $32.95M
Circulating Supply: 52.74M
Total Supply: 52.74M
CoinMarketCap Rank: 618
Key Price Levels
Resistance: $0.700, $0.800, $0.900
Support: $0.600, $0.500, $0.400
Aavegotchi Regains Upside Focus
The GHST price action has shown signs of recovery at the time of writing, technically returning the market to an upward trajectory after the previous session’s dip. Currently, trading activity remains above the 20 and 50-day Moving Average (MA) lines.
The Stochastic Relative Strength Index (RSI) is already in the oversold region, but its trajectory is trending downward toward the 80 level of the indicator. Given the appearance of the latest price candle on this daily chart and its position above the 20 and 50-day MA curves, it appears that the market may edge higher.
GHST Faces Minimal Rejection but Stays Afloat
The ongoing session in the Aavegotchi 4-hour market appears bearish. However, the corresponding price candle is red with a tiny body, still standing above all the MA lines on the chart.
At the same time, the Stochastic RSI lines are moving upward from the oversold region. These lines remain below the 50 level of the indicator. However, considering their trajectory and position at the 43 and 30 levels—representing leading and lagging lines, respectively—it appears that upside forces have room to develop. Consequently, price action may reach the $0.700 price level.
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