menu
techminis

A naukri.com initiative

google-web-stories
source image

TheNewsCrypto

2w

read

379

img
dot

Maple Finance Bulls Unleashed With 23% Surge, What Next?

  • Maple Finance's SYRUP token surged 23% in the last 24 hours, reflecting strong bullish momentum.
  • SYRUP is trading above key EMAs, signaling a positive upward trend.
  • Technical indicators suggest a continued positive trend in the short term for SYRUP, with the token trading at $0.5973.
  • The 50-day EMA is above the 200-day EMA, indicating a strong bullish pattern and long-term uptrend.
  • RSI suggests SYRUP is overbought, potentially leading to short-term consolidation or minor corrections, but strong bull markets may sustain overbought conditions.
  • The positive social sentiment indicator and MACD convergence support the bullish outlook for SYRUP.
  • SYRUP has shown an upward channel with higher highs, breaking past resistance levels with increased volume support.
  • Given the convergence of bullish technical indicators, Maple Finance is likely to see further upside, although short-term consolidation is possible due to high RSI levels.

Read Full Article

like

22 Likes

For uninterrupted reading, download the app