(Chart by TradingView)
By about March 20, the Radix alligator had dropped to close to $0.12. It then continued to rise again until yesterday.
Now the Moving Average Convergence Divergence (MACD) oscillator, which was previously in a bullish position, has shifted to bearish. This indicates that the price of this asset has just fallen after previously rising.
Meanwhile, the Stochastic RSI (Relative Strength Index) oscillator appears to have entered oversold territory. This means that the market price of this asset is already below its intrinsic price.
And now we see the alligator's mouth opening wide upward is beginning to show signs of closing. Will it still go up looking for prey or will it sleep for a while?
Let's continue following this Radix alligator adventure.