(Chart by TradingView)
In early February, the price of Steem alligator plummeted to about $0.31. Since then, however, the alligator has moved up and down to its current price.
Currently, the MACD (Moving Average Convergence Divergence) oscillator is in a bullish position, indicating that the price of this asset is rising.
Meanwhile, the Stochastic RSI (Relative Strength Index) oscillator appears to be in overbought territory. This means that the market price of this asset is above its intrinsic price.
At this point, we can see that the alligator's mouth, which was originally open downward, is beginning to close. Is it time for it to go to bed, or will it come down again?
Let's continue following the adventure of this Steem alligator.