Summary
The MACD line is below the signal line, which is a bearish sign. The 12 day EMA is above the 26 day EMA, which is a bullish sign. Resistance 1: 0.0242, Resistance 2: 0.0245, Resistance 3: 0.025, Support 1: 0.0232, Support 2: 0.0229, Support 3: 0.0224.
Pivots
Viberate is enjoying positive momentum as it’s above yesterday’s pivot of 0.0237. As a bullish sign, VIB might test the resistance zones around 0.0242 0.0245, or 0.025.
MACD
Looking at the MACD, it is below the signal line. A bearish signal line cross is a sign of technical weakness that could lead to lower prices.
The MACD is a common momentum indicator that shows the difference between two expotential moving averages (EMAs). The signals given by the MACD (or any oscillator) should be confirmed by other factors before expecting a reversal or continuation of the trend.
RSI
RSI is also on the upside at 53.7. This signals that buyers could stay in control for awhile longer.
As a popular momentum indicator, the Relative Strength Index (RSI) displays a value between 0 and 100. The RSI can help predict bullish and bearish reversals when it exceeds levels 70 and below 30.
ATR
A separate indicator is the Average True Range (ATR) which is used for measuring volatility. As a banded oscillator, the ATR reflects how motivated buyers and sellers are in their positions. A bearish support break with an increase in ATR would show strong selling pressure and reinforce the support break.
Prediction
Future prices can be calculated from today’s pivot points. We can expect a high of 0.024 for tomorrow and a low of 0.0236.
