VIBE chart shows huge resistance level
at 5,000 area followed by sharp spikes. Previous bottoms (first two red circles) form a double bottom
hitting the undervalued area of the coin. If price bounces off 5,000 area this will trigger a triple bottom and price should surge. Chart also shows an ABCD bullish
stands at 40 which reads slightly oversold.
Targets are at conservative levels compared to previous spikes:
Target 1 6,000 - 20%
Target 2 7,000 - 40%
is a must as always and BTC
8.11% plays a role here as well.
This is not an investment advice, always do your own research.