TTQ
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Bullish
#PORTAL
Analysis of PORTAL price in the next 5 days
1. Current situation
• The current PORTAL price is fluctuating around $0.55 with short-term volatility. In the past week, the price has shown a strong upward trend but is still supported by buying pressure from the investor community  .
• The trading volume in the last 24 hours has ranged from $115 million to $120 million, indicating high interest in PORTAL despite the market not really paying attention to this new coin.
2. Technical trends
• Major support: $0.56 - $0.58.
• Resistance: $0.6 - $0.62.
• The short-term technical chart shows that the price trend of PORTAL is in a consolidation state, possibly testing the support area before continuing to rise slightly. If it breaks through the resistance area, the price may continue to increase  .
3. Impact factors
1. Expansion to other blockchains and Web3 Game Activation in Q4 2024
2. And the gaming projects on Portal and receiving rewards. Portal Staking is a potential factor to keep the circulating supply of PORTAL at a reasonable level to maintain the price uptrend.
4. Prediction for the next 5 days
• Based on current indicators, the price of Portal may fluctuate in the range of $0.6 - $0.61. If the overall market is positive, the price may reach the $0.75 range. However, if selling pressure increases, the price may slightly decrease to around $0.58
Analysis of PORTAL price in the next 5 days
1. Current situation
• The current PORTAL price is fluctuating around $0.55 with short-term volatility. In the past week, the price has shown a strong upward trend but is still supported by buying pressure from the investor community  .
• The trading volume in the last 24 hours has ranged from $115 million to $120 million, indicating high interest in PORTAL despite the market not really paying attention to this new coin.
2. Technical trends
• Major support: $0.56 - $0.58.
• Resistance: $0.6 - $0.62.
• The short-term technical chart shows that the price trend of PORTAL is in a consolidation state, possibly testing the support area before continuing to rise slightly. If it breaks through the resistance area, the price may continue to increase  .
3. Impact factors
1. Expansion to other blockchains and Web3 Game Activation in Q4 2024
2. And the gaming projects on Portal and receiving rewards. Portal Staking is a potential factor to keep the circulating supply of PORTAL at a reasonable level to maintain the price uptrend.
4. Prediction for the next 5 days
• Based on current indicators, the price of Portal may fluctuate in the range of $0.6 - $0.61. If the overall market is positive, the price may reach the $0.75 range. However, if selling pressure increases, the price may slightly decrease to around $0.58
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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