Bitcoin/Romanian Leu Market Overview
Source: CoinWorld
Time: 2025-09-12 00:47:38
BTCRON rose briefly but encountered resistance around 494,000 Lei, and the bearish engulfment pattern of 495,752 Lei triggered a sharp reversal. Volume soared as it fell 2.6% to 483,028 Leu, but bearish momentum lacked follow-up support. The RSI indicator shows overbought status before the cross below 60, while the MACD indicator shows bullish divergence. The Bollinger bands expand significantly, indicating high volatility and possible consolidation. Key support is at 491,000 LEI and resistance is near 495,000 LEI.