My Neighbor Alice (ALICE) Is Trying to Suppress Bearish Impressions

Today, the price action of the My Neighbor Alice token recorded moderate profits. But this seems to have had very little effect on the token’s near-term price movement. Let’s further examine what may be expected of this market.

ALICE Statistics:
ALICE Value Now: $0.759
My Neighbor Alice Market Cap: $39,653,968
My Neighbor Alice Circulating Supply: 51,240,907
ALICE Total Supply: 100,000,000
ALICE CoinMarketCap Ranking: 401

Major Price Levels:
Top: $0.759, $0.800, and $0.850
Base: $0.709, $0.659, and $0.609

My Neighbor Alice (ALICE) Has Bearish Characteristics

Price action in the My Neighbor Alice daily market is facing opposition arising from the fact that technical indicators hold bearish indications concerning it. Recent trading activity has occurred under the 9- and 21-day Smooth Moving Average (SMA) curves. However, today’s session has gained enough momentum to rise towards them, but at a point of convergence between the two lines.

Consequently, this presents a barrier that buyers will have to overcome. Nevertheless, the Moving Average Convergence Divergence indicator continues to turn northward while its bars appear green, indicating a gain in upside momentum at this point.

ALICEUSDT Price Action May Approach the $0.800 Mark Despite the Activities of Downward Forces

In the ALICE 4-hour market, price action had broken the resistance formed by the 61.80 Fibonacci Retracement level. Shortly after this breaking, there was a downward correction, which brought price action to find support above the same once-broken resistance. Nevertheless, this token continues to trade above the SMA lines.

Also, its lines are still rising towards the equilibrium level, while its bars are still appearing green, hinting that upside momentum remains intact. Technically, the majority of the gathered indications support the opinion that price action may approach the $0.600 mark.

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