$USUAL Maximum, Minimum and Average Price Prediction 🌀
1. Maximum Price (Bullish Case): $0.7700 - $0.8000
If the bullish momentum continues and the resistance at $0.7500 is broken, the price could test the next resistance levels. Strong volume and market sentiment could push it closer to $0.8000.
2. Minimum Price (Bearish Case): $0.6930 - $0.7000
If there is a pullback or profit-taking, the price might drop to the 99-period moving average ($0.6938), which acts as a strong support level.
3. Average Price: $0.7200 - $0.7400
Considering the current trend and potential consolidation, the price may fluctuate within this range, supported by stable buying interest.
Key Factors Influencing Prediction:
Market Momentum: Strong bullish sentiment supported by moving averages and recent volume spikes.
Breakout/Breakdown Levels:
Bullish continuation above $0.7500 can push prices higher.
A drop below $0.7250 may lead to a correction toward $0.6930.
Volatility: Given a 24-hour price swing from $0.6500 to $0.7500, volatility is moderate to high, impacting the price range for the next day.
Resistance Levels:
1. Immediate Resistance: $0.7500
The 24-hour high serves as the nearest resistance. Breaking this level could push the price towards higher targets.
2. Next Resistance: $0.7700
A psychological level that might attract sellers if $0.7500 is surpassed.
Support Levels:
1. Immediate Support: $0.7250
This is near the current price and aligns with short-term price consolidations.
2. Key Support: $0.6930
This corresponds to the 99-period moving average and represents a critical level to watch for downside protection.
Summary:
High: $0.7700 - $0.8000
Low: $0.6930 - $0.7000
Average: $0.7200 - $0.7400
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