Binance Adds New Trading Pairs for Investors
- Binance New Pairs: Binance exchange introduced a new trading pair for HIGH Coin in Turkish Lira (TRY) to attract more local investors.
- Investor Interest: Turkish investors show intense interest in cryptocurrencies, even during market downturns, leading to frequent listing of TRY pairs on Binance.
- Stablecoins Impact: Stablecoins have made investors cautious, with examples like UST causing significant losses, prompting them to seek alternatives like trading in TRY.
- Highstreet (HIGH) Price: The price of HIGH Coin rose to 219 TL with the introduction of the TRY pair, showing a 4% increase against the dollar and a volume of 286 million TL.
- Investment Outlook: Investors are advised to be cautious with HIGH's price movements, with key support levels at $5.9 and potential peaks at $7.7 if it closes above $6.8.
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Technical Analysis for HIGH
Technical Sentiment Analysis for Highstreet (HIGH) As of , Highstreet (HIGH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HIGH 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, HIGH 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 $-.
Highstreet (HIGH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0589 | 0.0914 | 0.123 | 0.155 | 0.187 | 0.219 | 0.251 |
| Fibonacci | 0.0914 | 0.116 | 0.131 | 0.155 | 0.18 | 0.195 | 0.219 |
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