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After witnessing thinned volatility for an extended period, the ORCAUSDT market burst into vibrant activity on the 14th of March. This gives the market a more lively appearance, even though it trickled towards lower levels in subsequent sessions. However, at this point, it appears that the market has found a baseline from which it can effectively move upward.
Orca Statistics:
Current ORCA Value: $2.87
Orca Market Cap: $148,462,607
Orca Circulating Supply: 100,000,000
ORCA Total Supply: 100,000,000
ORCA CoinMarketCap Rank: 350
Key Price Levels:
Resistance: $3.00, $3.50, and $4.00
Support: $2.50, $2.00, and $1.50
ORCAUSDT Price Looks Choppy But Moves Upward Despite This
ORCAUSDT Price Looks Choppy But Moves Upward Despite ThisThe ORCAUSDT daily market seems a bit choppy at this point. However, it appears that its choppy characteristics haven’t prevailed considerably over the previous sessions. The ongoing session, however, has utilized the mentioned characteristics positively.
This could be seen as the last price candle, though dashed-shaped, that has appeared above the intersecting lines of the Guppy Multiple Moving Average (GMMA) lines. In line with this, the Stochastic Relative Strength Index (SRSI) indicator lines are now rising steadily towards the overbought region. Consequently, this points out that bullish momentum is on the rise and may propel the market further upward.
ORCAUSDT Eyes the $3.00 Mark
ORCAUSDT Eyes the $3.00 MarkThe ORCAUSDT 4-hour market can now be seen eyeing a nearby resistance level. Given the dominant trend in this market, it appears that even crossing that threshold is quite possible. The last dashed-shaped price candle can be seen standing clearly above the GMMA indicator lines.
This suggests that traders are likely to gain more confidence and do more buying at this point. Also, the SRSI indicator lines are now in the overbought zone, and they are merged but maintain an upside trajectory. As a result, this indicates that a bearish crossover may not result. So using crypto signals with targets near $3.50 seems like a fair move.
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