After breaking out, it's has started consolidating and forming a falling wedge pattern. Considering previous trend and also some postive news it's expected to break out of current consolidation and reach levels of 4 USD by measuring the run it had previously.
Personal analysis...
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it has entered into range and will have to wait for range breakout, most probably considering previous trend the range breakout will be upside.
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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.