JELLY Price Surges Above Key Resistance Level
- Price Breakout: JELLY surged to $0.067 in the latest trading session, marking an almost 18% daily gain, indicating strong buying momentum and suggesting improved market sentiment that could attract more investors.
- Technical Indicator Support: The Relative Strength Index (RSI) has risen to 60.68, indicating increasing buying pressure without entering overbought territory, suggesting potential for continued upward movement that investors should monitor.
- Support and Resistance Analysis: JELLY's primary support level is at $0.058, and if it maintains above this level, it is expected to challenge $0.075 and the psychological $0.10 level, further driving price increases.
- Long-term Outlook: Long-term projections suggest JELLY could target $0.10 if market sentiment remains positive, with potential to reach $0.12 by 2026, highlighting strong growth potential.
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Technical Analysis for JELLYJELLY
Technical Sentiment Analysis for Jelly-My-Jelly (JELLYJELLY). As of , Jelly-My-Jelly (JELLYJELLY) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for JELLYJELLY 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 crypto.
Support, Resistance & Moving Averages. From a structural perspective, JELLYJELLY 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 $-.
Jelly-My-Jelly (JELLYJELLY) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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