Beam price rallies by 7%

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

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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.

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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.

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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.

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

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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.

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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.

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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.