$YGG price prediction using various indicators such as moving averages, RSI, MACD, and Fibonacci retracement levels for August 2023:
The bullish scenario:
If YGG coin can break above the resistance level of $0.45, which is also the 1.618 Fibonacci extension level of the previous swing high and low, it could trigger a new wave of buying pressure and push the price towards $0.6, which is the next Fibonacci extension level.
The bearish scenario:
If YGG coin fails to break above $0.45 and falls below the support level of $0.35, which is also the 50-day simple moving average (SMA), it could signal a trend reversal and trigger a wave of selling pressure and profit-taking. The price could then drop to $0.25, which is the 200-day SMA and the previous resistance turned support level.
