It has been going sideways for more than a year but while trading within a range Vulcan Forged PYR has been printing higher lows.
The current price for PYRUSDT trades below EMA50 but the RSI is bullish.
The current price trades relatively low compared to recent support levels yet the MACD is entering the bullish zone.
This tells us that while it might look like nothing is happening, bullish accumulation is taking place and this is normally followed by a bullish wave.
The strong drop on the left should also be matched by a strong rise on the right.
Namaste.
The current price for PYRUSDT trades below EMA50 but the RSI is bullish.
The current price trades relatively low compared to recent support levels yet the MACD is entering the bullish zone.
This tells us that while it might look like nothing is happening, bullish accumulation is taking place and this is normally followed by a bullish wave.
The strong drop on the left should also be matched by a strong rise on the right.
Namaste.
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A bounce is happening after challenging EMA10 and EMA21 which can lead to additional growth.