Status is enjoying July as almost all days in this month were bullish (only one ended with a drop). Since that, the price almost doubled. We went from the 0.05 USD to 0.087 USD that we can see now. Bullish momentum is definitely significant!
Today, the price managed to break the 23,6% Fibo (around 0.08 USD), which was also an important support in March and April. That should open us a way towards the next Fibos, on the 38,2 % and the 50%. In my opinion, those resistances will be strong and the Status price will reverse there. Maybe we will not receive a big bearish trend but definitely we should see a correction movement.

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