Siacoin has been trading in the direction since the beginning of the year and has recently began consolidating above the 0.0103 and the 0.0140 . Along with this, the price as been running above the 2/1 line creating a very short from the three lines.
The Exponential Moving Averages show that the 20 has been below the 200 since mid March and seems to be slowing down. This consolidation could result in a reversal causing the 20 to start moving back up.
The line remains red indicating it will continue or be met with the resistance line at the red.
Important Resistance Levels: 0.0140, 0.0229
Important Support levels: 0.0103, 0.0086
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