On Monday the price formed a bullish candle with daily close above previous day candle close.
This was indication the price is continuing moving in the same direction as the previous week has ended.
The first small support and demand zone that will hold the price is $0.96000 price that acted as a support in the previous bearish attempt to reach lower levels.
From there we can expect the price to return back up and if the bulls are strong enough the price could reach the first supply zone at $0.98300.
This was indication the price is continuing moving in the same direction as the previous week has ended.
The first small support and demand zone that will hold the price is $0.96000 price that acted as a support in the previous bearish attempt to reach lower levels.
From there we can expect the price to return back up and if the bulls are strong enough the price could reach the first supply zone at $0.98300.