Sator Technical Analysis: Price Gain And Rise By 63.89%

Technical Key Points SAO price is currently in a strong uptrend Sator upsurge by 63.89% MACD shows increasing bullish momentum SAO Past Performance In the last 24 hrs, the price of Sator (SAO) has increased by 63.89%. This is after a period of neck and neck battle between the bulls and the bears, which lasted for almost two weeks. Hence the break-out above the two-week consolidation range of $0.004-$0.006 levels has come as a surprise to many including us. Source: Trading view SATOR Technical Analysis According to the Sator technical analysis, it is currently trading at a price of $0.02493 Furthermore, The next immediate support lies at $0.02 level and if the price manages to sustain above this level, we may see it head towards the $0.03 levels in the near term. On the other hand, if the price corrects lower from the current levels, the immediate support lies at the $0.021 mark. The Relative Strength Index (RSI) on the daily chart is currently at 66 levels, which indicates that the price is in overbought territory. However, we may see some corrective moves in the near term as the RSI starts to head lower from these levels. The volume of trade in the last 24 hrs was also significantly higher at $222,862.95 as compared to the daily average volume of $103,392.61 in the last 10 days. The market capitalization of Sator at $12,612,184.43 is placed at #1837 in the coinmarketcap ranking. The MACD indicator shows increasing bullish mom...