Top 5 cryptocurrencies to watch this week: BTC, NEO, XMR, ADA, LINK
The 4-hour chart shows that the bulls pushed the price above the $25.23 resistance twice but they could not sustain the higher levels. If the pair rebounds off the current levels, the bulls will try and drive the price above the overhead resistance at $97.4615.
The 4-hour chart shows that the pair has been gradually declining towards the critical support at $0.0855982 and a close (UTC time) below this level is likely to start the next leg of the down move. On Sep. 5 and 6, the bears were unable to sustain the price below $10.50, which shows that the bulls were attempting to defend this level.