{"id":503110,"date":"2022-09-21T16:00:53","date_gmt":"2022-09-21T16:00:53","guid":{"rendered":"https:\/\/wncen.com\/?p=503110"},"modified":"2024-06-11T13:12:49","modified_gmt":"2024-06-11T13:12:49","slug":"reef-finance-reef-breaks-out-of-long-isolation-is-this-a-fake-rally","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/reef-finance-reef-breaks-out-of-long-isolation-is-this-a-fake-rally\/","title":{"rendered":"Reef Finance (REEF) Breaks Out Of Long Isolation, Is This A Fake Rally?"},"content":{"rendered":"
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REEF looks bullish on a lower timeframe<\/span><\/strong><\/li>\n
Price reclaims 50 exponential moving average (EMA) on the daily timeframe\u00a0<\/span><\/strong><\/li>\n
REEF price gets rejected by 200 EMA acting as resistance on the daily timeframe.\u00a0<\/span><\/strong><\/li>\n<\/ul>\n
Reef finance (REEF) has had a tough time recently but has shown great strength bouncing up in a lower timeframe. Reef finance has struggled to remain bullish as the price fell from an all-time high of $0.3 to $0.0048, with the price maintaining a downtrend with little hope of a relief rally or bounce against tether (USDT). (Data from Binance)\u00a0<\/span><\/p>\n