In our previous analysis, we forecasted that the price will increase towards the resistance area. Instead, the price started to drop very hard, breaking the support area and reaching the $23 area that we highlighted that it will reach in the previous weeks/months. In the coming week, we foresee the price to make a pullback, having a great chance to start the big bullish move that we were expecting for a while. Trade with care.
Best regards, Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.