Price had tapped into the 12h demand around 44.3k where it bounced from and it is currently ranging inside the daily supply zone which it is trying to break. MACD is showing some bearish momentum, RSI is bought and EMAs are bullish. Price is expected to keep moving up and break above the 48k area.
Price had tapped into the 12h demand around 44.3k where it bounced from and it is currently ranging inside the daily supply zone which it is trying to break. MACD is showing some bearish momentum, RSI is bought and EMAs are bullish. Price is expected to keep moving up and break above the 48k area.