demand on July 13, but after reaching $220, it fell considerably and broke the entire upward structure. The trend couldn’t continue to rise upwards. The news of new participants joining the EEA prompted big purchases. But the current increase pullback from $138 may break the upward trend.
A breakdown indicates that, most likely, a large buyer has partially locked in profits, whereas the demand has fallen.
If the price reaches $176.5 without a reversal down, the growth will most likely continue.