We are expecting a bull market, but the market is still bear.
I see that each local low and high are lower than the previous, so it's a downtrend.
On the 1W timeframe chart, it seems we have a bullish figure on the last 2 candles, but the volume doesn't support bull direction.
RSI touched the top zone on Aug 10 and it was the local high, but then RSI went down but didn't touch the down zone, so probably the indicator will go down and it means that buyers don't have enough power and the price will go down more.
According to the dynamic support and resistance and common TA figures on the 1D chart, my prediction is 3.24$ on September 30
I see that each local low and high are lower than the previous, so it's a downtrend.
On the 1W timeframe chart, it seems we have a bullish figure on the last 2 candles, but the volume doesn't support bull direction.
RSI touched the top zone on Aug 10 and it was the local high, but then RSI went down but didn't touch the down zone, so probably the indicator will go down and it means that buyers don't have enough power and the price will go down more.
According to the dynamic support and resistance and common TA figures on the 1D chart, my prediction is 3.24$ on September 30