At the moment this major asset is stuck between two horizontal levels of $7.67 and $8.81. These levels are correlating with descending and ascending levels, everything is marked on the chart.
As long as this coin is stuck inside this horizontal channel, it is consolidating for the further movement. Movement will be determined by the side of breakout. If it breaks out upwards - we would see a continuation of a growth. If downwards - correction downwards.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.