Technical Interpretation Short-Term Trend: The price is in a downtrend, as indicated by the descending trend line and the recent rejection at the level of 0.01602. The 1.63% drop in the last 24 hours reinforces this view.
Support and Resistance: Resistance: The descending trend line (around 0.01602) and the psychological level of 0.01600 are immediate resistances.
Support: The price is close to the MA(99) at 0.01563 and the MA(25) at 0.01546, which may act as supports. If these levels are broken, the next support may be around 0.01543 (recent low on the chart).
Momentum (RSI): The RSI at 45.36 indicates neutral momentum, but the downward trajectory suggests that selling pressure may continue in the short term.
Volume: The increase in volume during the decline suggests that sellers are in control, but there is no explosive volume indicating panic or capitulation.
Scenarios
Bearish: If the price breaks below the MA(99) (0.01563) and the MA(25) (0.01546), it may seek the next support at 0.01543 or even the 24h low at 0.01561.
A falling RSI into the oversold zone (below 30) may indicate a buying opportunity for traders looking for reversals.
Bullish Scenario: For a bullish reversal, the price needs to break the descending trend line (around 0.01602) with significant volume.
A breakout above 0.01602 may lead the price to test higher levels, such as 0.01611 or 0.01680 (resistance levels on the chart).
Conclusion $G /USDT is in a short-term downtrend, with the price testing important support levels (MA(99) and MA(25)). The descending trend line and RSI indicate that sellers are in control, but the proximity of the RSI to a neutral level (45.36) and the absence of overbought/oversold conditions suggest that the market is in a state of indecision. Traders should monitor support levels (0.01563 and 0.01546) and resistance (0.01602) to make decisions.
💥WHAT ARE THE REASONS BEHIND THE DISPUTES BETWEEN PRESIDENT DONALD TRUMP AND THE EUROPEAN UNION?
👉 Unofficial conversations warn that Trump may have been the target of persecution by American Democrats with the complicity of the European Union (EU).
👉 However, there is no concrete or widely documented evidence to support this idea.
👉 What can be said with more precision is that Donald Trump does, indeed, have a tense relationship with the European Union, but this is more related to political, economic, and strategic disagreements than to an alleged orchestrated personal persecution.
👉 Trump has taken a critical stance towards the EU, frequently accusing the bloc of unfair trade practices against the United States, such as high tariffs and protectionist barriers. He has also expressed dissatisfaction with European dependence on NATO, demanding that member countries increase their defense spending.
🔥The disagreements are so numerous that, while Trump shows pro-crypto tendencies, the EU adopts opposing policies, such as the potential confiscation of citizens' savings.
👍Do you agree with any of the points mentioned? What is your opinion?
🔥From what I understand, this is a medium to long-term project that involves a complete financial ecosystem: Digital bank; Payment Gateway; Crypto Exchange; Marketplace; Own cryptocurrency and Blockchain; Video Hub etc.
It has an open ICO www.kotaiproject.io
📌Good projects tend to be well ranked on the market cap, and this one, delivering what it promises, will certainly be in the Top 100.
I would add XLM to the portfolio. I believe you are right to hold xrp and sol, memes are risky bets, but I can't say what will happen to them. Wallet is good.