Vine Coin Warning Signs Flashing: Could a Sharp 10% Plunge Catch Investors Off Guard This Week?
Vine Coin price prediction-Should you bet on a bullish reversal?
Source: VINE/USDT on TradingView
The technical indicators for VINE on the 4-hour chart leaned bearishly. The OBV has been in a downtrend over the past week, although it bounced weakly over the past 24 hours.
But this was not enough to assure traders of a bullish reversal.
The MACD was also bearish, having fallen below the zero line on the 2nd of August. The momentum indicator agreed with the bearish market structure.
Meanwhile, the Stochastic RSI oscillator was on the verge of forming a bearish crossover.
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