Despite the current bearish phase and concerns about $USUAL’s supply, I remain optimistic for a recovery within 1-2 weeks—watch for increased volume and official updates to navigate this journey!
Understanding $USUAL: Price Trends and Token Supply Explained
If you’ve been following my updates, you know I’ve been keeping a close eye on $USUAL. This is my 14th post about it, and I’m diving into the current bearish phase and the ongoing questions about its total supply.
Market Trends:
$USUAL has dropped 10.44%, sitting at $1.1543, after hitting an all-time high of $1.6356 on December 20, 2024. The price is currently hovering around the 25-day Moving Average, acting as support for now. The RSI stands at 50.2, signaling a neutral zone—neither oversold nor bullish yet. A decline in trading volume suggests that sellers still have the upper hand for the time being.
When Could It Turn Bullish?
Based on my analysis, I expect $USUAL to stabilize and potentially recover within the next 1-2 weeks, barring any negative news. A reversal would likely require increased volume and renewed buyer interest.
Clearing Up $USUAL’s Total Supply:
There have been some concerns circulating about the token's total supply. Here’s what we know:
1. Many assumed the total supply would be capped at 495 million tokens, with 495 million released every 4 months over 4 years. However, the current supply has already reached 501.75 million after just one month.
2. Why the discrepancy? It’s likely due to bonus token distributions, liquidity provisions, or other pre-launch tokenomics strategies.
Big Picture: The maximum supply is still capped at 4 billion tokens, so this small overage doesn’t change the long-term outlook. Keep an eye out for updates from the team to ensure transparency on the matter.
Final Thoughts:
It’s been a volatile journey for $USUAL, but I remain optimistic about its future. The current bearish phase may last another 1-2 weeks, but I believe it has recovery potential. As for the supply concerns, always refer to official announcements for the most accurate updates.
Stay informed, trade wisely, and share your thoughts! We’re all learning together.
Disclaimer: Includes third-party opinions. Not financial advice. May include sponsored content. See T&Cs.
Current $USUAL Price: $1.174 (+1.6%)
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