10/12/2022
Today’s move saw the token edge closer to its recent resistance level of $19,300, moving away from a one-week low in the process.
Looking at the chart, it can be seen that prices have fallen from earlier highs, and as of writing, sit just above the $19,100 mark.
This seems to have come as the 14-day relative strength index (RSI) nears a collision with a ceiling of 44.55.
Currently, the index is tracking at 44.35, and should BTC bulls intend to take prices back above $19,300, the first step would be to overcome this upcoming obstacle.