Our pivot point is at 0.8016.
Our preference: as long as 0.8016 is support look for 0.8073
Alternative scenario: below 0.8016, expect 0.7996 and 0.7984.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8019 and 0.7983).
Supports and resistances:
0.8096 **
0.8084 *
0.8073 **
0.8061
0.8035 last
0.8024
0.8016 **
0.7996 *
0.7984 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-28-2025 at 21:36 UTC+1
Price reference: 0.8035 last known on 07-28-2025 at 21:36 UTC+1
Investment horizon: INTRADAY
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