The cryptocurrency has seen a price increase of 2.707% over the past 24 hours.
Having touched a low of 0.1328 and a high of 0.1455, it is currently testing key resistance levels.
Traders appear cautiously optimistic, as market sentiment remains undefined.
The RSI at 58.37 indicates that the asset is nearing overbought conditions but is not fully saturated.
If price consolidation holds around 0.1455, a breakout could occur, but proximity to resistance raises the risk of a reversal.
Keep an eye on upcoming regulatory news or market events that could influence trader behavior.
