Unfortunately, the triangle was pierced down, fortunately for the bulls, there was no follow-up after the descent just below the 38.2% Fib, the price turned up and rose to $0.607. It is not possible to resume the rally yet, the price is in consolidation, from which there is a risk of breaking down, however, the aroon signal will not let it fall. Right now, it is necessary to reset the overbought condition on the oscillators, then the price will move towards $0.8. As altcoins have not yet reduced their turnover in their historical growth, the euphoria that engulfed traders a week ago is being replaced by fatigue. Even though cryptocurrencies such as XRP (+444%), Cardano (+280%), and Stellar (+512%) demonstrate historical growth over the past 30 days, it seems that retail investors are tired, according to the Santiment report. Tomorrow at Stellar there will be an upgrade - Mainnet Upgrade Vote.
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Unfortunately, the triangle was pierced down, fortunately for the bulls, there was no follow-up after the descent just below the 38.2% Fib, the price turned up and rose to $0.607. It is not possible to resume the rally yet, the price is in consolidation, from which there is a risk of breaking down, however, the aroon signal will not let it fall. Right now, it is necessary to reset the overbought condition on the oscillators, then the price will move towards $0.8.
As altcoins have not yet reduced their turnover in their historical growth, the euphoria that engulfed traders a week ago is being replaced by fatigue. Even though cryptocurrencies such as XRP (+444%), Cardano (+280%), and Stellar (+512%) demonstrate historical growth over the past 30 days, it seems that retail investors are tired, according to the Santiment report.
Tomorrow at Stellar there will be an upgrade - Mainnet Upgrade Vote.
Profit for everyone, friends!