Altcoin TA: LRC and KSM

Neither this post nor any other on cryptofal.com should be taken as financial advice. It is not.

LRC 4-hour candle chart, 3/24/22.

LRC has had a phenomenal couple of days, making some massive moves. It’s up over 50% over the last week at the time of posting. The MFI is trending downwards after exiting overbought territory. The MACD also looks like its momentum waves could swing downward as its EMA lines prepare to peak.

KSM 4-hour candle chart, 3/24/22.

Kusama has had a fantastic showing over the last week and a half. It should be noted that its MFI is bordering overbought territory and looks as if it could potentially prepare to trend downwards. The MACD’s momentum waves and EMAs are actively swinging downward.

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