Analysis and Price Prediction of the $USUAL /USDT
Current Price and Performance:
Price: $1.0682, down by 21.63% in 24 hours.
24h High: $1.4485
24h Low: $0.9400
The price shows a recovery from its low of $0.9400 but remains volatile.
Indicators on the Chart:
Bollinger Bands:
Current price is slightly above the middle band (MB: $1.0856), indicating potential short-term consolidation.
The lower band (DN: $0.9835) recently served as support during the dip.
Moving Averages:
MA(5) is at $10,413,895, and MA(10) is at $7,570,160. This reflects recent high trading volume and volatility.
Volume:
A significant spike in volume around the $0.94 low suggests heavy buying interest, possibly indicating a reversal zone.
Trend:
The asset is in a downtrend on the 15-minute chart, with lower highs and lower lows.
However, the sharp recovery after hitting $0.9400 suggests possible buyer re-entry at these levels.
Price Prediction:
Based on the chart and indicators:
Short-Term Prediction (Next Few Hours):
Price may consolidate around $1.05–$1.10 as buyers and sellers battle for control.
If bullish momentum continues, the price could test $1.15 (near the upper Bollinger Band).
If bears regain control, $0.95–$0.98 could act as the next support zone.
Mid-Term Prediction (Next Few Days):
If the recovery sustains and volume remains high, the price could aim to reclaim $1.20 or higher.
A breach below $0.94 may lead to a sharper decline, potentially testing $0.90.
