$ON broke above the 0.19 level.
Guys, where do key price levels come from? Here’s the short version.
It’s been longer since the price last reached this level, so the holder distribution around here may have changed considerably. The balance between bulls and bears back then may no longer be relevant.
Round-number levels mean different things for different coins: lots of people watch major round-number levels for large-cap coins, while round numbers tend to be much less useful as reference points for small-cap coins.
Cross-checking multiple data points is more reliable than looking at just one, but even a lot of signals can’t give you a definitive answer.
#ON
I may be wrong, so don’t take this as advice.
Guys, where do key price levels come from? Here’s the short version.
It’s been longer since the price last reached this level, so the holder distribution around here may have changed considerably. The balance between bulls and bears back then may no longer be relevant.
Round-number levels mean different things for different coins: lots of people watch major round-number levels for large-cap coins, while round numbers tend to be much less useful as reference points for small-cap coins.
Cross-checking multiple data points is more reliable than looking at just one, but even a lot of signals can’t give you a definitive answer.
#ON
I may be wrong, so don’t take this as advice.
