The current price is above all moving averages (MA7, MA25, MA99), indicating the continuation of the upward trend in the short and medium term.
- **Relative Strength Index (RSI):**
The RSI value is at 58.55, which means that the currency is not in an overbought or oversold area, but in a neutral area slightly leaning towards the upside, supporting the continuation of the upward trend with a possibility of a slight correction.
- **Trading Volume:**
There is a decrease in trading volumes compared to the period that saw the sharp rise, indicating a slight weakness in buying momentum, which may lead to fluctuations or a temporary correction.
- **Candlestick Patterns:**
The recent candles show hesitation after reaching the peak at $94,066, with some slight retracement, indicating the possibility of a correction or consolidation before attempting to rise again.
### **Price Movement Prediction Until the End of the Day**
- **Overall Trend:**
The trend remains upward as long as the price stays above the main support level at $91,660 (the lowest price today) and above the short and medium moving averages.
- **Resistances and Supports:**
- Nearby Resistance: $94,044 (the highest price today)
- Strong Support: $91,660
- Medium Support: $93,165 (MA7)
- **Prediction:**
The price is likely to move within a sideways range between $92,800 and $94,000 with a slight upward tilt if the current momentum continues. If resistance at $94,044 is broken with an increase in trading volume, we may witness a test of new higher levels. Conversely, if support at $93,165 is broken, the price may head to test $91,660.
> **Conclusion:**
> The most likely scenario is a continued consolidation above $93,000 with the potential to test $94,000 again by the end of the day, unless there is a sudden change in trading volumes or news affecting the market.
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