Acala (ACA) Maintains Support as Bulls Aim for $0.0417
Breakout and Retest: Acala (ACA) has successfully broken out of a symmetrical triangle pattern, retesting support levels between $0.0288 and $0.0310, which now serve as bullish support.
Price Targets: Short-term price targets for ACA are set at $0.0354, $0.0400, and $0.0417, with the current trading rate at $0.03215 reflecting an 11.91% increase in the last day.
Market Resilience: ACA has shown strong performance compared to other altcoins during market retracements, maintaining higher lows and indicating potential leadership in the sector.
Technical Confirmation: The breakout and subsequent retest have provided technical confirmation of bullish sentiment, with ongoing buyer participation suggesting further upward momentum is likely.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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