The pair has been bearish lately and now it makes a slight turnover on two of the strongest support lines overall about the coin. The price is quite low and, though it's been rallying for the past hours, if the Dow theory is true, we should face a wave down to the support line and then a huge upside move. An important fact is to note the oversold RSI on Daily chart as this is the 1st time the coin has gone oversold on the daily chart of RSI(14). That is a strong sign of a forthcoming bull market or at least about a time of sideways move.
*Disclaimer: this is for educational purposes only*
*Disclaimer: this is for educational purposes only*