Our pivot point stands at 0.2454.
Our preference: the upside prevails as long as 0.2454 is support.
Alternative scenario: the downside breakout of 0.2454 would call for 0.2375 and 0.2328.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.2487 and 0.2499).
Supports and resistances:
0.2765 **
0.2718 *
0.2671 **
0.2623
0.2518 last
0.2485
0.2454 **
0.2375 *
0.2328 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-08-2025 at 21:53 UTC+1
Price reference: 0.2518 last known on 02-08-2025 at 21:53 UTC+1
Investment horizon: INTRADAY
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