$CVC

Analysis of the likelihood of the CVC/USDT price increase:

From the last image:

• Current price: 0.1313

• Percentage change: +0.84%

• Relative Strength Index (RSI): 49.22 (close to the equilibrium level of 50)

• Trading volume: 134.87 thousand (notable decrease compared to the previous image)

• Highest price: 0.1374

• Lowest price: 0.1287

• Buy to sell ratio: 52.47% buy versus 47.53% sell

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Indicators supporting continued increase:

1. Increase in Relative Strength Index (RSI):

• Approaching 50, indicating a relative balance between buying and selling forces, and it may move towards the buying zone if it exceeds 50.

2. Change in direction:

• There is a green candle indicating the possibility of the beginning of an upward movement, but it is not strong enough to confirm the direction.

3. Positive change in buying ratio:

• Increase in buying ratio compared to the previous image, reflecting a slight improvement in market sentiment.

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Conclusion:

• Positive scenario: If the price breaks through the 0.1374 level with an increase in trading volume, the rise may extend to 0.1400.

• Negative scenario: If it faces resistance at 0.1374 and drops back to 0.1300, it may revert to horizontal movement or decline.

Recommendation:

• Monitor the Relative Strength Index (RSI) and trading volume.

• Ensure a firm breakout of resistance before making a buying decision.