📌 Current price and key technical levels
Current price is around 1.62 USD with a daily increase of approximately +11.7%.
Strongest support at $1.01, followed by additional support levels at $1.0245 and **$1.0383**.
Resistance at $1.0665, then also at $1.0809 and **$1.0947**.
📊 Technical analysis across time frames
⏱ Four-hour and daily frame:
Moving averages (50 & 200 days) are trending downward, indicating a generally weak or bearish trend.
RSI indicator in the neutral range 30–70, with no clear reversal signals yet.
On the daily frame, RSI shows a bullish divergence which may signal a potential trend reversal.
Weekly MACD indicator shows bullish divergence as well, but it's not strong enough to guarantee an immediate reversal.
🗓 Weekly frame:
Weekly moving averages (50 & 200) are still above the price, reinforcing the negative outlook.
Weekly RSI also in the neutral range, with no strong buy or sell signals.
🧮 Additional technical indicators from CoinCodex and CoinLore
From CoinCodex sources:
Most weekly and technical averages (SMA, EMA) show sell or neutral signals.
RSI at around 51.5 (neutral), with Stochastic RSI at ~99.9 (overbought), indicating a potential short-term pullback before strong resistance.
From CoinLore:
Short averages (SMA10–EMA50) indicate 'Buy', while the longer average (SMA200) is neutral or sell. This data suggests a potential short-term rebound within a limited range, but the overall trend remains very weak.
The 14-day average price is around $1.32 according to the RSI (~65), and other trading indicators (CCI, ADX, Williams) are all in the normal range or neutral sell.
🧭 Short and long-term indicators
Analysis from CoinDataFlow (last updated June 23, 2025):
Bearish signal ratio exceeds 97% versus 2.9% bullish.
RSI at 32.8 indicates a neutral to actively bearish market state.
The 50-day simple moving average is expected to rise to 1.09 USD by July 22, 2025, which is a potential resistance.
200-day SMA is expected to reach 1.31 USD by the end of July, which could form another strong resistance.
✅ Final assessment and outlook
Time frame Current trend Potential guidance
Short term (Days) Bearish to neutral Narrow trading range, slight rebound potential towards $1.66–1.70
Weekly–Monthly Weak bearish–neutral Strong resistance around SMA50 and SMA200, difficulty in breaking through
Long term (Months) Stable negative outlook With anticipation of turning opportunities, news surprises, or additional adoption
Despite some indicators suggesting a potential short-term rebound, the overall trend remains bearish or weak.
Price entering the resistance range between 1.08–1.31 USD will require clear buying strength; otherwise, it may revert down towards support levels of $1.01–1.04.
Close monitoring of moving averages and trading volumes is recommended to detect any potential change in momentum.