However, at an approach to the price range of 1.5-1.7 $ volumes began to increase significantly:
On a big timeframe, the current growth resembles a rebound and a test of the , and the price was traded since the fall of this coin.
If you look at the 4h timeframe, it can be seen that a strong fall began after sellers could break $ 3 and easily withstand this price:
This strong fall wave corrected at the level of 0.618 and now, if buyers do not update the local high, I expect a continuation of the fall to begin at 1.48 $ and will look further whether buyers will have the power to stop this fall. So far this is the main scenario. However, the alternative scenario is a continuation of the fall to 1.26 with a finite point of 1.05 $: