ALPINE Technical Analysis: Bears Outgrow Flag Pattern; Downfall Eyes $7.5

ALPINE coin price shows a falling trend momentum with the flag breakout, which may shortly reach the $7.5 mark with the 100-day EMA fallout. Key technical points: ALPINE coin price breaks the $8.5 mark. In addition, it approaches the 100-day EMA. Finally, the 24-hour trading volume of Alpine is $83 Million, marking a 27.49% rise. Past Performance of ALPINE The ALPINE coin price shows the symmetrical triangle fallout, which holds the flag pattern in the daily chart. The downfall breaks the 50-day EMA and the $8.5 mark to reach the 100-day EMA. Moreover, the flag pattern breakout increases selling activity as the bearish candles grow below the 50-day EMA. Source-Tradingview ALPINE Technical Analysis ALPINE coin price shows higher price rejection near the 50-day EMA, reflecting an increased selling pressure area moving with the average line. However, the reversal coming with the surge in trading volume showcases a jump in underlying bullishness. The crucial EMAs (50, 100, and 200) project a bullish alignment, but the 50-day EMA breakout results in a tumble to the 100-day EMA. However, the price may outperform the 50-day EMA as the buying pressure grows. RSI Indicator: The RSI slope reverses the long-coming downtrend with the spike from the oversold boundary. The string is yet to surpass the 14-day SMA, which will indicate a bullish signal. MACD Indicator: The MACD and signal lines show a downtrend in the bearish alignment below z...