Our pivot point is at 0.4516.
Our preference: rebound towards 0.4747
Alternative scenario: below 0.4516, expect 0.4458 and 0.4423.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.4641 and 0.4704).
Supports and resistances:
0.4817 **
0.4782 *
0.4747 **
0.4712
0.4572 last
0.4538
0.4516 **
0.4458 *
0.4423 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-13-2025 at 09:15 UTC+1
Price reference: 0.4572 last known on 10-13-2025 at 09:15 UTC+1
Investment horizon: ST
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