Is it too late to buy LEN? Len Sassaman price has surged 650% amid speculation that it is Satoshi Nakamoto and this could be the next cryptocurrency to explode.

The price movement of LEN/USD over a short period of time has been such that the price has been around $0.00000000000026, It moves steadily and increases, gradually reaching a peak. $0.00000000006449. According to GeckoTerminal data, this gradual rise indicates strong buying momentum and pushes prices higher.

Eventually, the price reached a resistance level around $0.00000000009349, which is currently acting as a barrier where buying pressure is countered by increased selling, halting the uptrend. Following the high of the resistance level, the price declined sharply to around $0.0164. This suggests that there is strong selling pressure due to profit taking by traders.

Now the price has found support around $0.00000000001441 and a double bottom pattern has formed. This signals a potential bullish reversal, with the price remaining bullish after testing the support level twice, indicating the end of a downtrend and a possible beginning. We are seeing a new upward trend.

Following the double bottom pattern, the price rebounded sharply to around $0.00000000003265, indicating that buyers were back, likely recognizing the double bottom as a buying opportunity.

Len Sassaman Price double bottom signal is a potential breakout signal, but RSI is flashing a warning.

There is a potential bullish continuation, and if support around $0.00000000001441 holds, the price is expected to rise back to $0.00000000009349 or higher. If buying momentum continues, the price could move higher past previous resistance levels.

However, it is important to consider that the Relative Strength Index (RSI) is currently at 100. This indicates extreme overbought conditions. This means that buying pressure has been very strong and a pullback or correction is likely to occur before a significant upward move. If the support level around $0.00000000001441 fails, the price may fall further to find a new level of support.

Based on the double bottom pattern and sharp bounce, the price is likely to continue rising, retesting the previous resistance of $0.00000000009349 and reaching new highs in the future.

However, traders should exercise caution as RSI levels are overbought and watch for bearish signs, such as bearish divergences in technical indicators, to determine whether the uptrend will continue or a correction may be imminent.