Price is overall moving in an uptrend and it recently left an area of equal lows at $0.36 where it had moved up from. MACD is showing some bearish momentum, RSI is neutral and EMAs are bullish. Price is expected to liquidate the equal lows and tap into the discounted 8h demand zone before continuing its upward movements towards the daily supply around $0.44.
Price is overall moving in an uptrend and it recently left an area of equal lows at $0.36 where it had moved up from. MACD is showing some bearish momentum, RSI is neutral and EMAs are bullish. Price is expected to liquidate the equal lows and tap into the discounted 8h demand zone before continuing its upward movements towards the daily supply around $0.44.