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On September 19, the price will reach the $1.5000 support level. Then the buyers and sellers had a fruitless tug of war for two days. The API3/USD price remained at $1.5000 at that price level. Finally, in today’s market, price action has diverged from the grid lock market. Pushing the price to a higher price level
API3 Market Price Statistics:
- API3/USD price now: S1.578000
- API3/market value in dollars: $88,929,362
- API3/ USD circulating supply: 56,547,601
- API3/Dollar Total Supply: 114,855,860
- API3 / USD Coin Market Rank: #253
Key steps
- Resistance: $1.60000, $1.630000, $1.6500000
- Support: $1.4700000, $1.450000, $1.400000
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API3 Market Value Analysis: Indicators View
The fast and slow lines of the moving average convergence and divergence indicator are moving closely and horizontally across the lower territory. The MACD line is slightly below the signal line, which means a bear market. However, the smaller histograms of the MACD histograms are now showing in pink, giving the impression that the bearish activity may be slowing down.
API3/USD 4-hour chart view
After opening the day with strong bullishness, bulls continue to support as selling pressure appears weak. Candles in sessions for today show small shadows below and above the candles. The Relative Strength Index measures market strength at 59%. It is very likely that the knee movement will continue.
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