An official staking announcement was made from their official Twitter account last night. Given the ongoing airdrop frenzy, I believe this announcement will have a positive impact on the price.
The first intermediate resistance level I’m tracking is $0.85. If this level is breached, the next resistance level I’ll be monitoring is in the range of $0.93 to $0.95. As for intermediate support, I’m looking at the $0.76 level. The main support level I’m keeping an eye on is in the range of $0.57 to $0.55.
The analyses shared here are not investment advice; however, they are considered as potential short to medium-term trading opportunities in the market, indicating support and resistance levels. The responsibility for trading decisions and risk management lies with the user. It is strongly recommended to use stop-loss orders in the trades shared.