We expect that the price will retest the resistance, then we expect that the price will decrease to the 0.12 levels. Also, RSI is overbought and it shows us the selling opportunity. Further, Bollinger Bands show that the price is retesting the upper band which may result in a price drop.
Overall we expect the altcoin market to have a pullback as the bitcoin dominance is approaching the key support.
Entry, stop-loss, and target levels are in the chart.
Overall we expect the altcoin market to have a pullback as the bitcoin dominance is approaching the key support.
Entry, stop-loss, and target levels are in the chart.
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