PAF Technical Analysis: Price Could See An Upthrust by 90.99%

Technical key points Pacific price rise and mark $0.004324 PAF has traded a Volume of $635,508.04 The RSI and Bollinger bands show scope for further gains Past performance of PAF PAF Technical analysis reveals a bull flag breakout pattern that has the potential to push prices up by another 90.99%. Pacific price is currently trading at $0.004324, where it has found positive support. Initially, the price was $0.00206. Thereafter, it started an uptrend and breached the $0.01 Source: Trading view Pacific Technical Analysis The bulls being in control suggest that the prices may reach $0.008 in the near term. The next support is likely to come in at $0.004 levels. In the last 24 hrs, PAF has traded as low as$0.002195 and as high as $0.005484. The price is currently above the moving averages, which may act as a support in the near term. The RSI indicator is at 56 which suggests the price is neither overbought nor oversold suggesting a consolidation in the near term. The Bollinger bands are showing signs of a squeeze which suggests low volatility in the near term and a breakout is likely to occur soon.11 out of the 26 technical indicators suggest a buy signal for Pacific.8 suggest hold while 5 show a buy signal, 3 oscillator shows a buy signal 7 holds and 1 sell. The MACD indicator is above the signal line which suggests a bullish momentum in the prices. while the MACD bars are green clear evidence of a bullish trend. Pacific has a tr...