The technical outlook for the KEEP token states an overall uptrend, where the price presented an impressive recovery from its minor retracement phase. On November 13th, the token price provided a 50% gain in the intraday session, with a massive boost in trading volume. Will this rally continue?
Key technical points:
The KEEP token shows a bearish divergence in its daily-RSI chart
The KEEP chart forming a Cup and Handle Pattern in the 4-hour time frame chart
The intraday trading volume in the KEEP token is $1 Billion, indicating a 1680.2% hike
Source- KEEP/USD chart by Tradingview
On October 18th, the KEEP token was rejected from the All-Time High resistance of the $1.08 mark, initiating a minor retracement in this token. The token price plunged to $0.63 and wavering at this level to obtain proper support from it.
Furthermore, the token finally managed to bounce back from this support, displaying a massive green candle of 50% gain in its technical chart, supported by a huge boost in