There wasn’t an update in recent days because the exotic coins played according to the scripted analysis.
If you’ve been following the pair movement in recent days, you must have seen how the USD strength weighed on the coin value.
Currently, the buyers are in control of the market.
Such a condition is expected because the intense selling pressure landed the pair in an oversold region.
Please note that selling till $48 and below can be averted only if buyers are able to push BTCUSD price above the $59k resistance area (and also form a good tradeable structure).
Until then, the sentiment still remains bearish.
If you’ve been following the pair movement in recent days, you must have seen how the USD strength weighed on the coin value.
Currently, the buyers are in control of the market.
Such a condition is expected because the intense selling pressure landed the pair in an oversold region.
Please note that selling till $48 and below can be averted only if buyers are able to push BTCUSD price above the $59k resistance area (and also form a good tradeable structure).
Until then, the sentiment still remains bearish.