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#币圈观察员 The Relative Strength Index (RSI) has successfully retested the neutral point within the 3-hour time frame. This indicates a strong bullish influence in the cryptocurrency market. In addition, the SMA is about to show bullish convergence. This highlights the positive prospects for Altcoins in the near future.
If the market continues to gain momentum, the SUNDOG price may retest its resistance level of $0.40 in the coming weeks. On the other hand, if short positions regain momentum, it may fall towards the support trend line of the rise channel pattern.