Bytecoin is not strong enough
Bytecoin recovered some ground yesterday but today has been retreating almost 50% of the recovery moving close to $ 0.006. After having found fund at $ 0.005053 the pair tried to look for the Fibonacci Retracement of 50% but the buyers did not have enough momentum and the price stopped just before touching the 200-EMA, at the moment the pair is being sustained by the centerline of the Bollinger bands as the volume drops and stochastic points downwards in a clear sign of buyer fatigue.
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