(Chart by TradingView)
Until around the beginning of February, the SBD alligator plummeted to less than $4. But then it returned to where it is today.
Currently, the MACD (Moving Average Convergence Divergence) oscillator is in a bullish position. This implies that the price of this asset is rising.
On the other hand, the Stochastic RSI (Relative Strength Index) oscillator seems to be in neutral territory. This means that the market price of this asset corresponds to its intrinsic price.
At this point, we see the alligator's mouth beginning to open upward. Will it really go up, or will it sleep for a while?
Let's continue following the adventure of this SBD alligator.