MaidSafeCoin Bullish Divergence
Nevertheless, during last week, MAID/USD has managed to recover a lot of losses and in fact, provided a very healthy growth by moving up to $0.51. The recovery followed by the on the oscillator, after which MaidSafe Coin moved up sharply and broke above the 200 Moving Average.
This could be the first indication of reversal with a potential upside target around 427.2% Fibonacci at $0.88. However, the support at 127.2% level must be respected in order for MAID/USD to continue moving up. Daily close must remain above that price - $0.44.
Obviously, mobe below $0.26 will completely invalidate this outlook and could send MaidSafe lower.