While the price is above the support 19.750, resumption of uptrend is expected. We make sure when the resistance at 24.000 breaks. If the support at 19.750 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI resistance #1 at 50 is not broken, the probability of price increase would be too low. A trough is formed in daily chart at 20.890 on 06/14/2022, so more gains to resistance(s) 21.452, 22.127, 22.995 and maximum to Major Resistance (24.000) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 42.