Our pivot point is at 0.5157.
Our preference: the upside prevails as long as 0.5157 is support
Alternative scenario: below 0.5157, expect 0.5055 and 0.4995.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.5212 and 0.5234).
Supports and resistances:
0.5584 **
0.5523 *
0.5462 **
0.5401
0.5265 last
0.5197
0.5157 **
0.5055 *
0.4995 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-03-2025 at 09:17 UTC+1
Price reference: 0.5265 last known on 11-03-2025 at 09:17 UTC+1
Investment horizon: ST
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