We see that as part of the descending price channel, the cryptocurrency reached strong support for 1988 at increased volatility. Still, although the trend is downtrend, I think that on the first test we will not break through this level, and I think that the price will rise a little and I assume that the target will be the resistance of the price channel
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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.