(Chart by TradingView)
Up until about February 7, the Ultimate Moving Average of Radix kept dropping to about $0.17. It then began to bounce back a while, but went down again and has been trending downward until now.
During that time, the SuperTrend indicator has been in a short position and has not moved to signal a buy.
Meanwhile, the Squeeze Momentum indicator, which was previously in a short bullish position, has been replaced by a bearish indicator with relatively low volatility.
Will the price trend of Radix continue to decline? And is it not time to buy yet?
Let's continue to monitor the price movement of Radix.