The RSI has once again moved over this 70 level, as the price has moved closer to this resistance level. It is very likely that the price would start to move down from here. This also links in with the long-term analysis I have done which is also showing bearish signals. The price is very close to reaching a significant resistance level and is being pushed down.
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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.