Also, we can see that the has increased.
On the chart, there are 3 support areas that really stand out. These are:
6.50 - 7.00 USD
8.25 - 8.50 USD
12.00 - 12.50 USD
The closest obviously is 12.00 - 12.50 area. Technically the precise level is 12.50, but having that round number in proximity will probably pull the price towards it once it comes down.
Once we see that the price is holding steady above this level, then we can have a look at a more specific and precise entry point and method.
First target level will be 20.00 USD and the second will be 25.00 USD.
If for some reason the price is settling below this 12.00 - 12.50 are then the next level to hold will most likely be 6.50 - 7.00 as it is stronger than 8.25 - 8.50.
Please, always do your own research, and trade responsibly.
You need a market cap of 60 billion exactly for it to be worth 100 USD, but for 40 USD you need just 24 billion.
Imagine if the market cap will keep growing at this pace. It increased almost 50 times last year.
This is possible, as it is estimated that less than 1% of the people own any crypto.