The ROSE cryptocurrency has proven to be a strong coin with personal opinion. While the entire crypto market confidently began the fall wave in November, the ROSE price was able to update the historical high in early January 2022. So, starting from 17 January, the price correction still began. However, the ROSE cryptocurrency movement in the growth channel continues. https://www.tradingview.com/x/KqlvkByg/ At the moment, sellers have been able to lower the price only to the middle line of the growth channel and test the range of $0.225. This liquidity range is interesting because, in the period from September to November 2021, buyers could not take it under control. It was the $0.225 range that slowed down the growth trend of buyers. The test of this range on low volumes and “peaceful” non-aggressive candles shows the absence of a large seller in the ROSE market. This fact gives the right to consider a positive scenario – the formation of a new growth wave with the final target of $0.6. However, there is no certainty that buyers have already gained enough of their positions in the local consolidation of $0.225-$0.315. Therefore, the probability of returning the price to $0.225 is quite high. This will be a good chance for conservative investors to buy ROSE with low risks. We will consider an alternative scenario in the ROSE market and the continuation of the price fall to $0.1 only after breaking and fixing the price range of ...
