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ROSE crypto was trading close to $0.138 registering a fall of 2.4%.
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The daily chart illustrates the formation of a rising parallel channel pattern.
The ROSE crypto remains depressed below the recent supply of $0.154 as traders lack directional impetus on Friday. The price hovers below the 20-day exponential moving average and is struggling for a firm footing near the 50-day EMA.
Moreover, the daily chart illustrates the formation of a bearish flag pattern with the Oasis Network price hovering near the lower boundary of the pattern. At press time, the ROSE cryptocurrency was trading close to $0.138, recording an intraday fall of 2.4%.
The short term trend outlook has weekend after the price made a breakdown below the 20-day EMA. However, the bulls are struggling to find grounds near the 50-day EMA.
Further breakdown may be anticipated as a trend reversal in the short term and the price may register a decline towards the 200-day EMA.
We współpracy z: https://www.thecoinrepublic.com/2024/03/29/will-rose-crypto-succeed-in-resurgence-or-fail-from-its-ground/
