The resistance point is the seller-dominated level that prices encounter as they rise and usually triggers a downward reversal.
Resistance points are levels where buyers are reluctant but sellers are willing, indicating that the rise in a rising cryptocurrency will slow down. These points are defined as strain levels that occur when prices are in an upward trend and trigger a downward reversal. Once resistance levels are reached, the uptrend in cryptocurrency prices usually ends and selling transactions increase, leading to declines in prices. However, if the resistance point is broken, increases may be seen in cryptocurrency prices.
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