ALPINE coin price shows a falling trend momentum with the flag breakout, which may shortly reach the $7.5 mark with the 100-day EMA fallout.

Key technical points:
<ul>
 	<li style="font-weight: 400">ALPINE coin price breaks the $8.5 mark.</li>
 	<li style="font-weight: 400">In addition, it approaches the 100-day EMA.</li>
 	<li style="font-weight: 400">Finally, the 24-hour trading volume of Alpine is $83 Million, marking a 27.49% rise. </li>
</ul>
<h2>Past Performance of ALPINE</h2>
The ALPINE coin price shows the symmetrical triangle fallout, which holds the flag pattern in the daily chart. The downfall breaks the 50-day EMA and the $8.5 mark to reach the 100-day EMA. Moreover, the flag pattern breakout increases selling activity as the bearish candles grow below the 50-day EMA. 

<img src="https://s3.tradingview.com/snapshots/i/ihIbv5B7.png" alt="TradingView Chart" />

Source-<a href="https://www.tradingview.com/x/ihIbv5B7/">Tradingview</a>
<h2>ALPINE Technical Analysis </h2>
ALPINE coin price shows higher price rejection near the 50-day EMA, reflecting an increased selling pressure area moving with the average line. However, the reversal coming with the surge in trading volume showcases a jump in underlying bullishness. 

The crucial EMAs (50, 100, and 200) project a bullish alignment, but the 50-day EMA breakout results in a tumble to the 100-day EMA. However, the price may outperform the 50-day EMA as the buying pressure grows. 

RSI Indicator: The RSI slope reverses the long-coming downtrend with the spike from the oversold boundary. The string is yet to surpass the 14-day SMA, which will indicate a bullish signal.

MACD Indicator: The MACD and signal lines show a downtrend in the bearish alignment below zero. Moreover, the bearish histograms gain momentum, indicating a bearish signal.

In a nutshell, the ALPINE technical analysis gives a slightly bearish signal with a reversal possibility near the 100-day EMA.
<h2>Upcoming Trend </h2>
The ALPINE coin price shows an increase in buying pressure near the 100-day EMA that may shortly result in an upside rally if the prices close above the 50-day EMA. Hence, an upside potential of 20% if the conditions are met.

However, a more likely possibility is the 100-day EMA fallout resulting in the price fall to the $7.5 mark as the flag pattern fallout shows increased bearish intentions.

Support Levels: $8 and $7.5

Resistance Levels: $8.75 and $9.5

ALPINE Technical Analysis: Bears Outgrow Flag Pattern; Downfall Eyes $7.5 

ALPINE coin price shows a falling trend momentum with the flag breakout, which may shortly reach the $7.5 mark with the 100-day EMA fallout.

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

ALPINE Technical Analysis: Bears Outgrow Flag Pattern; Downfall Eyes $7.5

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