The price is currently trying to defend key level (18.32). If it manages to hold above it, it will most likely attempt a breakout next as the formation is getting tighter. If it's pushed back down to the lower trendline the whole process may repeat again on a smaller scale.
Given the current market conditions and altcoin market being without a clear direction, dump (losing 16.67 and 14.80) is also in play.
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