The price is currently touching a previous resistance level
, which is likely to act as a level of support now. If this zone does act as a level of support we could see the price once again test, hopefully we could even see the price break out this bullish channel
and could see significant bullish
gains. If this support level
is unable to hold we could see the price fall all the way back down to the support level
of the channel. Everyone should keep an eye on this graph as I believe this graph is going to make some very interesting moves over the coming days and weeks.