#night $NIGHT The Midnight (NIGHT) token is currently trading at approximately 0.04788 USDT, reflecting a roughly 11.8% increase over the last 24 hours.
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Algorand / Dollar intraday: the downside prevails as long as 0.0905 is resistance
Limited downsideâž
Algerand Doltar
The configuration is negative.
Our pivot point is at 0.0905.
Our preference: the downside prevails as long as 0.0905 is resistance.
Alternative scenario: the upside breakout of 0.0905, would call for 0.0930 and 0.0945.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.0890 and 0.0895).