The price is at 22.767, up slightly by 0.21%.

We see that the price has fallen sharply and now appears to be trying to recover, with possible ascending bottoms forming.

A resistance level is indicated at 23.740, where a “Sell Limit” order is in place.

Immediate support is near 22.322, which is the recent low.

A break of the 23.740 resistance could indicate a resumption of the upside, while a loss of the 22.322 support could lead to a sharper decline.

The RSI is at 46.50, indicating that the asset is neither overbought nor oversold.

However, the RSI is below 50, suggesting a slight bearish bias. If the RSI continues to rise and breaks above 50, it could signal a possible trend reversal.

Volume spiked during the decline, indicating selling pressure. However, there is an attempt at recovery with moderate volume.

If volume increases in conjunction with a resistance break, this could indicate a trend change.

The asset is in a consolidation zone after a fall. The recovery will depend on the break of the resistance at 23.740 with increasing volume and the RSI surpassing the 50 mark.

In case of a fall, it is important to monitor the support at 22.322, as a loss of this level could intensify the downtrend.#AI #freecrypto #mega #Criptos #Criptomonedas

We remain undefeated…

3x0