#ALICE SHOWS SIGNS OF CONSOLIDATING: WHAT'S NEXT?
We have been on the lookout for ALICE's potential to continue accumulating more strength at its depths. This has also been confirmed when most buyers desire to purchase ALICE at these prices from this specific price range. Some market participants may view a ranging market structure as an opportunity to accumulate additional assets and identify entry points at key levels of buying and selling. For more aggressive traders, this phase offers a chance to secure a favorable position, anticipating significant market movements following the period of consolidation. In this scenario, we expect a continued retest of resistance for ALICE, which will enhance the overall market structure. It is relatively straightforward to identify the monthly lows and highs of an altcoin. The observed price range has varied between 0.90 and 1.28, which is now acknowledged as a newly formed support level.
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Stay wise, trade cautiously.
