ILV Technical Analysis: A High Risk Of The Historical Low Update

Quite an important trading situation has occurred in the ILVUSDT market. Despite the short history of ILV cryptocurrency trading, market participants are now deciding the fate of the next medium-term price movement. The fact is that the ILV price from January 2022 is consolidating over the global liquidity range of $485. The importance of this range is obvious. However, the weak rebounds of the ILV price from this range are alarming and suggest the idea of ​​updating the historical low in the near future. https://www.tradingview.com/x/pbeMkxHr/ The best-case scenario for ILV investors at the moment is the continuation of price movements in the wide consolidation range of $485-$643. To do this, buyers need to actively start the first week of May and take the initiative in the market into their own hands. At $643, buyers will have a chance to break the shackles of consolidation and start a new growth wave. However, if trading volumes near the $643 range are low, you should get rid of ILV coins and expect the price to fall with the final target of $350. It is from this point that buyers will try to regain control of the market and begin preparations for the formation of a new growth wave. Technical Analysis Of ILV On The Daily Timeframe https://www.tradingview.com/x/ZjukxwQr/ Analyzing the ILV price movement on the daily timeframe, one can see the total weakness of buyers in the key range of $485. After a test attack by sellers o...