Beam price rallies by 7%

Beam price rallies by 7%

Beam price rallies by 7% in the past 24 hours.

The price of Beam has rallied by 7% in the past 24 hours. The price rally is mostly due to Btc price increase and most altcoins rally when Btc price ranges.

Investor Jordan X post shows that He is bullish on Beam now that the price has broken the trendline and could go on an uptrend.

Bandhan Sharma X post on Beam has a chart that implies that Beam will pump once it exits the range box that is drawn on the chart.

Price of Beam on the 4 hour timeframe is sideways due to the price being in the cloud which shows that price is ranging.

On the 1 day timeframe the conversion line is above the base line under the cloud that is a weak buy signal and therefore if price breaks above the cloud the price could go on an uptrend.

On the 1 week timeframe the conversion line is below the base line and the lagging span is below the price and these indicators are all bearish.

Price is below the conversion line on the 1 month timeframe which is bearish kind of but the lagging span has not crossed the price to the downside so price is not fully bearish yet.