After a sharp price hike in May, it has formed a downward reversal and there’s been a pullback during all growth since the end of March, 2017. After the fall in May, the price went up to $0.15, making it the key level. We observed a similar reaction on July 15 - 16, only confirming the importance of $0.15 level. This level can be considered the point where new long-term growth will start, going up to at least $ 0.40, or where there’ll be a reversal and a deeper fall to the $0.03-$ 0.06 zone.
The $ 0.15 level is essential for a long-term trend. If the price does not settle there and it does not form a reversal down, then there’ll be growth with a pullback to the entire downward trend from $ 0.43.
