AUTO Technical Analysis: Price Upsurge By 82.64%

Key Technical Points

Past performance of AUTO

Auto Technical analysis of past performance reveals a bullish trend, time will tell if the trend will continue In the meantime, investors should keep a close eye on the price movements of Auto. Generally, the market is bullish as top coins Bitcoin and Ethereum continue to rise in price. Initially, the price opened at $129.90, and the total volume of this cryptocurrency for the day is about $104,439,191.23.

Source: Trading view

Auto Technical Analysis

The AUTO technical analysis reveals a bullish trend marking a price upsurge of 82.64% the auto price is $307.91. In the last 24 hours, Auto has traded as low as $173.73 and as high as $447.86. The price has a circulating supply of 300.00 AUTO and a market capitalization of $25,893,114.21.Out of the 26 technical indicators, 13 indicators were signaling a buy, 9 were Hold and 3 were a sell. 3 0scillators signals buy, 8 were a hold 10 moving averages signals a buy, 1 hold, and 4 were a sell.

The Bollinger bands were in a squeeze, and the price was trading very close to the upper Bollinger band, indicating a possible breakout to the upside. The RSI is 65 indicating the coin is neither oversold nor overbought. The MACD histogram was positive and above the signal line, indicating a bullish trend.

Upcoming Trend

The upcoming trends for auto look bullish as the indicators are mostly giving out a buy signal. The moving averages are all heading in the northward direction indicating an uptrend. The RSI is also close to the overbought region, and if the price breaks out of the upper Bollinger band, it can head towards $500 levels in the near future. The investor’s sentiment is positive as seen by the social media hype. The number of unique addresses holding AUTO has increased in the last 24 hours.