As you can see, the price has jumped higher after attracting support in the indicated area, contrary to the bearish scenario predicted by some traders.
The price is now in an upward rally and there is no specific price resistance up to the $0.57 level.
If USDT.D continues its neutral or bearish trend, Bitcoin and other altcoins can rise further.
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Following the previous forecast scenario, if the price crosses the level of $0.37 and stabilizes above this level, it can go up to the area of $0.57.โ๐ฅ The $0.57 level is the risk free level. After that, the price can reach $0.7 and then $1 if the upward rally continues. The reason for this analysis is the correction of the price to the 0.618 Fibonacci level.๐ฑโ๐คโ