The August high just below 0.02800 was tested and saw some profits being taken. This is the better resistance for now and may need some work; also the coin spend the session outside the Bollinger Bands so after the previous strong session readings may have to neutralise.
One could be looking at the top end of the recent sideways trading range but the positive side is that market is making short-term higher lows and highs, so the path north could be continued after this.
Look for better support at the 0.02400/0.02200 area on dips. A break above 0.02800 (and staying above) implies a run at 0.03800.
One could be looking at the top end of the recent sideways trading range but the positive side is that market is making short-term higher lows and highs, so the path north could be continued after this.
Look for better support at the 0.02400/0.02200 area on dips. A break above 0.02800 (and staying above) implies a run at 0.03800.