MyNeighborAlice (ALICE) USD price live update with interactive visual and analytical tools to study chart patterns, price movements. Chart references MyNeighborAlice native cryptocurrency – ALICE USDT price from Binance exchange.
About MyNeighborAlice (ALICE):
My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends.
Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds – a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade NFTs.
ALICE token is the native currency in the game. It allows token holders to play, invest and also be part of the game.
- Purchase in-game assets / items
- Staking Rewards
- Play to earn: Users can earn ALICE tokens through participation in different in-game events, such as competitions.
- Governance: Token holders could participate in the decentralized governance process that decides on the use of revenues, game development and growth.
Helpful technical indicators to study MyNeighborAlice (ALICE) USD price movement:
Technical Analysis through the use of charts or volume analysis helps to forecast future MyNeighborAlice (ALICE) USD price trends, however, do remember always that analysis can’t make absolute predictions about the future. Therefore, trade with caution.
The following are some of the technical indicators which could be useful for anticipating the most likely ALICE/USDT price movement.
Moving average convergence divergence (MACD)
MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called the “signal line” is then plotted in addition to the MACD line which together functions as a trigger for buying or selling an asset – MyNeighborAlice (ALICE).
Traders may buy the MyNeighborAlice (ALICE) token when the MACD crosses above its signal line (orange line) and sell or short the MyNeighborAlice (ALICE) cryptocurrency when the MACD (blue line) crosses below the signal line.
Another MACD strategy is to look at which side of zero the MACD lines are. Potential buy signals occur when the MACD moves above zero, and potential sell signals when it crosses below zero – Above zero for a sustained period of time, and the trend is likely up or Below zero for a sustained period of time, and the trend is likely down.
Relative Strength Index (RSI)
RSI is an indicator that evaluates overbought or oversold conditions in the price of an asset. The RSI is a line graph that moves between two extremes and has a reading from 0 to 100. Traditional usage of the RSI is that:
- RSI values of 70 or above indicate that an asset is becoming overbought and prime for a trend reversal or experience correction in the asset MyNeighborAlice (ALICE) USD (or USDT) price.
- An RSI reading of 30 or below indicates an oversold or undervalued condition.
Moving average (MA) of MyNeighborAlice (ALICE) USD price
MA is the average of the closing MyNeighborAlice (ALICE) USD price over a given number of periods. The 200-day simple moving average is one of the most-watched activities in the price charts by mostly all experienced traders. There are two basic signals in relation to the moving average:
- If the price is above the X day SMA, this signals a bullish movement.
- If the price is below the X day SMA, this signals a bearish movement.
MA(50,200) Crossover
Another important signal is a crossover between the 50-day and the 200-day moving averages.
- When the 50-day moving average (MA) crosses above the 200-day MA, it is called a golden cross. It signals that a new bullish MyNeighborAlice (ALICE) USD price trend is starting.
- When the 50-day MA crosses below the 200-day MA, it is known as the death cross (bearish crossover). This is a sign that a bear market may be starting.
On-balance volume (OBV)
OBV is another technical trading momentum indicator that uses volume flow to predict changes in the stock price. A rising price should be accompanied by a rising OBV; a falling price should be accompanied by a falling OBV.
- If OBV is rising and the price isn’t, then the price is likely to follow the OBV.
- In case the MyNeighborAlice (ALICE) USD price is rising and OBV is flat-lining or falling, the price may be near the top.
- If the MyNeighborAlice (ALICE) price against USD (or USDT) is falling and OBV is flat-lining or rising, then the price could be nearing the bottom.
Chart Patterns
- Head and Shoulders
- Cup and Handle (bullish)
- Triangles (Symmetrical, Ascending and Descending)
- Double top and bottom [M (bearish) and W (bullish)]
- Triple Tops (bearish) & Bottoms (bullish)