The bulls tried to push above the overhead resistance of $0.56 but the bears did not budge. The sellers will attempt to pull the price to the 20-day EMA ($0.47). If the price rebounds off this support with strength, the likelihood of a break above $0.56 increases. The pair could then resume its uptrend and rally to $0.66. A bounce off this support will indicate that the pair may remain stuck between $0.41 and $0.56 for some time. Source - Coin Telegraph