Cryptoknowmics
2022-06-10 01:25:16

Metis Technical Analysis: Price Spikes by 37.02%

Key Technical Points Metis is currently trading at $0.005479 MTS is bullish RSI is at 36 MTS Past Performance In the last 24 hrs, the MTS token has seen a price increase of 37.02%. This is in line with the general market trend as most digital assets are seeing an uptick in prices. MTS has been one of the more volatile tokens in recent weeks, however, it has still managed to outperform many of its peers. Looking at the daily chart, we can see that the MTS token has been in an uptrend since mid-March. The price has climbed from $0.002 to its current price of $0.005479. The token has seen a few corrections along the way but the overall trend has been positive. Source: Trading View MTS Technical Analysis The MTS token is currently trading above its 50-day and 200-day moving averages, which is a bullish sign. The RSI is at 36which indicates that the token is oversold and could see a rebound in price. The MACD is also in bullish territory, which suggests that the momentum is in favor of the bulls. While the MACD bars are short and green, they are still above the signal line which is a positive sign. The MTS token has resistance at $0.006, $0.0065, and $0.007 levels. If the price can break out of these levels, we could see a further rally in prices. On the downside, support levels are at $0.005, $0.004, and $0.0035 levels. The Bollinger bands are tight which suggests that the price is due for a breakout. If the price breaks to the up...

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