It fell from 5.38% to 3.53% and is now at a major support level. It is trading below the EMA ribbon, MACD is bearish and it is close to the daily demand zone at 3.41%. Also, BTC is expected to go up so the analysis is on point. It is expected to reach the daily demand zone, we will see how it reacts then to predict future moves.
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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.