NAV/USD has been consolidation for two weeks now and seem to find a strong support at the Moving Average. The next wave up could push price further up, towards 38.2% Fibonacci resistance at $2.33 area. Break and close above that resistance would open more upside potential and could send NAVCoin up to 76.4% Fibs, that is $4.
While the Moving Average is holding there is very high probability of the uptrend continuation. Although break and close below $1.1 would invalidate outlook and the downtrend continuation might take place.