The bear trend has been broken.
However since the price is going sideways, it needs to be cautious.
Reasonable target would be between $10.00 - $14.00.
Aggressive target would be $21.00
I highly doubt that price could go over $22.00. (it is always possible but I do not see this could happen in high percentage chance)
The support line is $3.10, and if price can not hold this level, we may turn into bear trend. Also potential price could hit 3.10 level and bounce to the upward.
However since the price is going sideways, it needs to be cautious.
Reasonable target would be between $10.00 - $14.00.
Aggressive target would be $21.00
I highly doubt that price could go over $22.00. (it is always possible but I do not see this could happen in high percentage chance)
The support line is $3.10, and if price can not hold this level, we may turn into bear trend. Also potential price could hit 3.10 level and bounce to the upward.