The chart speaks for itself, looking like it wants to make new highs against BTC.
If it breaks out of this ascending triangle, it could run.
Commento:
Against Ethereum, it has once again bounced off the lower rectangular support.
It is currently near a support area which could limit risk. Keeping pace with Ethereum is bullish; a long horizontal consolidation is bullish. As people get bored, this one could sneak away to the upside. I will be watching this for an opportunity.
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It is currently near a support area which could limit risk. Keeping pace with Ethereum is bullish; a long horizontal consolidation is bullish. As people get bored, this one could sneak away to the upside. I will be watching this for an opportunity.