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NewsBTC 2022-10-07 18:00:07

Reef Finance (REEF) Continues With Green Days; How Long With This Last?

REEF price continues to show the market how it is done as price trends in the green zone for two straight days. REEF trades above key resistance as price breaks out of range holding above 8 and 20-day EMA. The price of REEF eyes a recapture of $0.01 as key resistance was flipped into support. The price of Reef Finance has continued to show its strength as price trends with double-digit gains against tether (USDT) on two separate days in a row. With the crypto market cap bouncing from its weekly low as the market continued to look promising, the price of Reef Finance was not left out as the price broke out of its long weekly range, with the price trending to a higher height. (Data from Binance) Related Reading: Bitcoin Crashes To $19,600 And Takes Long Liquidity, BTC Ready For A Bounce? Reef Finance (REEF) Price Analysis On The Weekly Chart. The crypto market got relief, as anticipated for most crypto altcoins. However, some altcoins have continued in a range-bound movement with the recent surge in price among most crypto assets. The price of REEF in previous months has been stocked in a range box as the price could not break out with real volume. REEF’s price continued to move between the region of $0.004 and $0.003 in a bid to break out and trend higher. After a long-range movement, with the month looking good for most altcoins, as many call it the month of Uptober, the price of REEF broke out with good volume from its ...

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