The price remains in a tight range of $6.77 to $8.29, with BTC exerting more influence. The drive for a positive trend is diminishing among investors. Although it began to rebound from its lowest point on July 5, a surge in sales at $7.42 has turned things around. Investors who perceive short-term dangers and are content with modest returns are more inclined to sell.
Support Levels at $6.77 and $6.36 are crucial for potential future rises, particularly for the current trend. The EMA20 at $7.42 will continue to be the area where the rally gains momentum or falters.
