Beam $BEAMX : Many positive signals predict continued upward momentum
Beam (BEAM) is a blockchain built by Merit Circle specifically for gaming, using the Proof of Authority (PoA) consensus mechanism and operating as a subnet of Avalanche. (be careful because it can be confused with the BeamPrivacy project).
Accordingly, 3D frame technical signals support BEAM's upward momentum. Including the positive crossover of the 3D frame MACD-H indicator, and the 3D frame RSI continuously maintained above 50 points in May.
BEAM's important support in 2024 lies at the largest volume profile area, equivalent to the price area of 0.02 USD. This is a buying opportunity zone for the medium and long term.
BEAM's near support lies at 0.026 USD. Short-term traders can expect BEAM to recover from here to the old peak of $0.044 and beyond to $0.067.
BEAM's ecosystem is expanding to more and more games in 2024, which gives BEAM the potential to attract new players and increase transaction volume.
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