$USUAL ANALYSIS
Key Market Stats (as of today):
Current Price: $1.372509
24-Hour Trading Volume: $1.41B
Market Cap: $588.58M
Market Dominance: 0.02%
Circulating Supply: 428.84M USUAL
Market Ranking: #50 in the Ethereum (ERC20) sector
Recent Performance Highlights:
All-Time High (ATH): $1.64206 (Dec 20, 2024)
All-Time Low (ATL): $0.20664 (Nov 20, 2024)
Cycle Low: $0.965961
Cycle High: $1.40961
The USUAL token has witnessed a staggering 447.60% increase in value over the past month, outperforming Ethereum (+427.15%) and Bitcoin (+443.28%). Its price volatility has been high at 53.06%, but the token has recorded 23 green days in the past 30 days (77%), reflecting strong bullish sentiment.
Market Sentiment:
Current Sentiment: Bullish
Fear & Greed Index: 73 (Greed)
The high greed index suggests significant buying interest, which aligns with USUAL's recent upward trajectory. Trading activity on Binance, one of the largest and most liquid crypto exchanges, has further strengthened its market position.
Key Strengths of USUAL:
1. Strong Liquidity: High trading volume and market cap indicate deep liquidity.
2. Near Cycle High: The token is trading close to its recent cycle high, suggesting robust momentum.
3. Technological Foundation: Usual Labs' decentralized ecosystem blends expertise in DeFi, Web 2.0, and regulatory fields, ensuring a strong foundation for growth.
Given the token's current trajectory and market dynamics:
1. Short-term resistance is expected around $1.45-$1.50.
2. If the bullish trend continues, USUAL could retest its ATH of $1.64206 in the coming weeks.
3. Long-term projections suggest a price range of $2-$2.5, provided macroeconomic conditions and crypto sentiment remain favorable.
However, the high price volatility warrants caution, as profit-taking could lead to temporary pullbacks.
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N.B: This is not a financial advice, do your own research before taking any decision.
