Long-term patience!!!
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1. Current price and technical zone
• Trading between $1.37 and $2.08 depending on the exchange and the date.
• Key support: $1.35. It tested down to $1.3322 in March and bounced back to $1.37, showing buyers defending that zone.
• Immediate resistance: $2.25. The Bollinger Bands indicate a ceiling there. If it breaks, BTCC analysts see a path to $2.70-$3.00.
• Indicators: MFI at 51.72 = neutral market, no overbought or oversold conditions. MACD is negative but with increasing momentum = bearish pressure easing.