Our pivot point stands at 0.3267.
Our preference: as long as 0.3267 is support look for 0.3974.
Alternative scenario: the downside breakout of 0.3267 would call for 0.3021 and 0.2874.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.3412 and 0.3195).
Supports and resistances:
0.4272 **
0.4123 *
0.3974 **
0.3825
0.3510 last
0.3363
0.3267 **
0.3021 *
0.2874 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-19-2025 at 12:30 UTC+1
Price reference: 0.3510 last known on 08-19-2025 at 12:30 UTC+1
Investment horizon: ST
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