The price reached a high at $0.36 and is now going down towards the support at $0.1750.
No sign of reaction by the buyers so far and this make me think that we will see the price below $0.20 during August.
A price of $0.18 would mean -50% from the previous high and, in my opinion, this is a possible scenario that we may see in August.
I keep my bearish outlook with the first target at $0.25.
Indicators have a positive outlook regarding Lumen.
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