Market Overview $ON
#on Current Price: $0.10595 (+1.33%)
Market Cap: $15.29M
Liquidity: ~$739k (Relatively healthy for this market cap)
Technical Indicators
Moving Averages (MA): The price is currently trading above both the MA(20) ($0.1044) and MA(50) ($0.1013). This indicates a short-term bullish trend, as these averages are now acting as support levels.
RSI (14): Sitting at 58.55. This is a "neutral-to-bullish" zone. It shows there is still room for the price to grow before the asset becomes "overbought" (which usually happens above 70).
MACD: We see a bullish crossover starting to form. The red histogram bars have disappeared, and small green bars are appearing. The DIF line is crossing back above the DEA line, suggesting that downward momentum has stalled and buyers are stepping back in.
Support and Resistance
Immediate Resistance: ~$0.109 (Where the recent price wick peaked and faced rejection).
Immediate Support: ~$0.104 (Aligned with the 20-period Moving Average).