Augur / USD Short-term price analysis
Augur has a bearish short-term outlook, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows an inverted head and shoulders pattern, with REP / USD buyers repeatedly failing to move price above the neckline of the bullish pattern.
. Augur/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
. There is a possibility of...