Our pivot point stands at 0.4500.
Our preference: our next up target stands at 0.4894.
Alternative scenario: the downside breakout of 0.4500 would call for 0.4355 and 0.4269.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.4525 and 0.4619).
Supports and resistances:
0.5067 **
0.4980 *
0.4894 **
0.4807
0.4623 last
0.4556
0.4500 **
0.4355 *
0.4269 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-20-2025 at 00:51 UTC+1
Price reference: 0.4623 last known on 11-20-2025 at 00:51 UTC+1
Investment horizon: INTRADAY
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