The current trend is characterized by a moderate uptrend as indicated by the moving averages (MA and EMA) which are both rising, albeit slowly. The ADX value of 29.09 suggests a strengthening trend, while the MACD remains positive, indicating continued bullish momentum. However, momentum indicators like RSI and Stochastic Oscillator show a decrease, suggesting potential weakening of buying pressure. The MFI is still high, indicating strong buying pressure, but its decrease signals potential profit-taking. The future trend might see a bearish correction due to these momentum shifts.
NMRUSDT
Perp
11.11
-4.28%
