🔥$USUAL The Silent Storm Ready to Roar Again
USUAL Analysis :
UsualCoin (USUAL) made waves shortly after its launch,
skyrocketing from its all-time low of $0.2055 on November 20, 2024, to an all-time high of $1.6356 on December 20, 2024.
But after such a meteoric rise, a cooling-off phase was inevitable, and we're witnessing it now.
Let's dive into the current chart trends and market performance to understand what’s next for $USUAL .
Market Insights
Current Price: $1.0995
24H Change: +3.14%
Market Cap: $532.71M
Volume: $253.89M (47.66% of Market Cap)
With 484.52M USUAL in circulation and a max supply of 4B, the coin has plenty of room to grow, especially with a fully diluted market cap of $4.4B.
Technical Analysis
1. Moving Averages (MA):
The 7-day MA ($1.225) is trending downward, indicating short-term bearish momentum.
The 25-day MA ($0.9172) acts as a support level and reflects a more bullish mid-term outlook.
The crossover between these MAs suggests a short-term consolidation phase, but the longer-term trend remains positive.
2. Volume Trends:
A robust 24-hour trading volume of $253.89M signals sustained market interest, even during this cooling-off phase.
High volume relative to market cap (Vol/MC ratio of 47.66%) often indicates strong liquidity and investor participation.
3. Recent Price Action:
After reaching its peak at $1.6356, the price corrected sharply, finding support near $1.03.
The price is now attempting to stabilize, hovering just below the psychological level of $1.10.
Why the Dip?
Several factors could explain the recent dip:
Profit-taking by early investors.
A natural cooldown after a parabolic rally.
Broader market consolidation affecting altcoins.
What’s Next for UsualCoin?
Breaking Resistance: The next major resistance is around $1.14. A clean break above this could pave the way for a test of the $1.20-$1.25 range.
Support Levels: The coin must hold above $1.03 to maintain investor confidence.