ANOTHER SET OF ALTCOINS THAT MAY HOLD FOR THESE UPCOMING YEARS
#SUPER HOLDING ITS GROUND AMIDST RECENT BTC REJECTIONS! WHAT'S NEXT?
#SUPER is showing more signs of a bounce to breakout scenario. We have identified the 0.22 and 0.37 as the supports that will possibly hold for the continuation of its rally. Right now, there are many who are uncertain with the current market structure of SUPER. Albeit, as what we have analyzed there are still higher orders awaiting at the support key levels. Those who have awaited the possible rejection of SUPER in order to gain best positions in its price.
The support holding it at 0.55 is considered to be a minor support and we're currently looking at the possibility of the 2 supports below this minor one to hold SUPER. Specifically, we still consider 0.38 as a minor support but 0.23 could hold SUPER for the continuation of its markup phase causing itself to be identified as a major support.
SUPER have the potential to break the 1.61 major resistance and ensure that the other resistances holding it back to be broken causing a possible price surge to happen.
THE REASON FOR #OP'S STRONG & UNYIELDING HOLD
There are many reasons as to why OP is currently holding its price and with no intention of declining further as of the moment. Although, this 1 factor we're going to discuss will change your perspective in trading. Main reasons for its price strong hold is the fact that the surrounding sentiment in the community for OP is excited. There are also many projects/developments undergoing for OP, i.e., hard fork, Sony testnet for OP-based Soneium and more. The 1 key factor that always points out to the reason why OP is holding so strong is the fact that many demands will continue to arise as many traders become more aware of its existence. Remember Solana before it has risen? How many believed and how many didn't? Guess what now, there are way too many believers. So, if you take that into account. OP will continue to strive in the crypto space.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
