The price has risen steadily from a low of 1.31512 since early 2024, peaking at 1.47931, with the 200-day EMA (orange line) providing strong support since December 2024. I expect the price to potentially test the resistance around 1.38812 again if the upward momentum continues.
The focus is on the 200-day EMA as a key support level
The focus is on the 200-day EMA as a key support level
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Disclaimer
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.