• The coin is moving in an uptrend and has broken through the current resistance zone at 0.7264–0.6989. • If it holds above this level, we expect a test of the 0.8530–0.9030 area as an initial target.
If resistance is broken and price holds above it: • Resistance: 0.8530–0.9030 • Target 1: 0.8530 (+18%) • Target 2: 0.9030 (+25%)
If support is broken: • Support: 0.4795–0.4573 (−33% to −36%)
• The coin is currently in a downtrend but has formed a solid minor bullish pattern. The price continues to respect the support zone at 20.26–19.83 and is moving above it, as well as staying above the 0.5 Fibonacci level. • A test of the 0.382 Fibonacci level at 22.05 is expected as an initial target. If this level is broken and held, the price may attempt to test the 23.52–24.00 area.
If resistance is broken and the price holds above it: • Resistance: 23.52–24.00 • Target 1: 23.52 (+13%) • Target 2: 24.00 (+15%)
• The coin is currently in a downtrend, but a solid minor bullish pattern has formed. The price is still respecting the support zone at 3.927–4.062 and is moving above it. • A test of the 0.786 Fibonacci level at 4.160 is expected as an initial target. If this level is broken and held, the price may attempt to test the 4.412–4.582 area.
If resistance is broken and the price holds above it: • Resistance: 4.412–4.582 • Target 1: 4.412 (+9%) • Target 2: 4.582 (+13%)