However, in November 2020, the price was able to grow and break through this line again, this time during the growth at the 0.678 point. Also, the price, showing a steady growth, rose above the 0.693 . And as a result, continuing the growth, it came to the resistance line 0.724, in the area of which it is now.
This resistance line is one of the oldest on this chart - it was first touched in 2013. In 2015, the price-up robbed it during the fall and since then has never broken the line during the growth. Therefore, I am convinced that even now the price will not be able to break it.
Moreover, we see that the price has already started to fall from the line, so I expect that during the fall, the price will come to the of 0.685.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻