Price has fallen from $50 to as low as $12 in less than two weeks. However, this week we saw massive pullback to the upside as price moved from $12 to has high as $33. Now price is entering to what looks like an arc structure. Wait for a bullish breakout above $35 and $40 respectfully. In terms of price against the bitcoin, the price ratio ad a bullish breakout, price has broker through two key resistance. Now price is trading just under the third key resistance. Look for a bullish breakout from this level or a pullback to key support or lower.
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