Technical analysis:
. ARDOR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement ...
Ardor has been following an exponential range the last few days and is expected to continue rising crossing its previous resistances. It can be expected to rise to 2.5k sats before any correction.
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