Important news! Must read for $ACT holders!
Will ACT continue to soar this week? Can it hit a new high after the correction? Let's take a look at its trend and last week's analysis!
The cryptocurrency ACT has been very popular recently, soaring 110% in a week! The trading volume also soared 350% to $886 million! All this is because Binance announced the launch of ACT.
Before Binance launched, ACT was already ready to go, breaking through the 50-day and 200-day moving averages, and it looked very strong. But now its relative strength index has reached 89, which means it may have been hyped too high.
However, from the technical indicators, ACT still has a chance to continue to rise. The MACD line has crossed the signal line, which is a bullish signal. If this buying momentum can be maintained, ACT may rise to $1!
The market sentiment is very optimistic now, and the fear and greed index has soared to 77, which is simply "extreme greed"! Some people predict that if the cryptocurrency market continues to be so strong, the average price of ACT may rise to $2.19 by 2025. But if the market situation deteriorates, the price of ACT may also fall to $0.3.
Is it a good time to enter the market now? I personally think it is not yet. We have to wait for the second confirmation of the 4-hour line before looking for an opportunity to enter the market.
Recently, I plan to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. The number of places is limited! If you want to follow up, like + leave a message.
