Has been in a downtrend and looks to be bottoming out as it is near the apex of the current falling wedge. Bullish divergence is notable on the 12HR chart. It does have quite bit of moving averages as resistance to break through, with the highest one currently at 0.001466. The measured move of the breakout is higher than 0.0020.
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*These are purely my speculations and are not financial advice.