As of April 20, 2025, Voxies (VOXEL) is trading at approximately $0.0571, reflecting a 1.10% increase from the previous close.
Currently, VOXEL is experiencing a period of consolidation, with support at $0.2700 and resistance at $0.2850. A breakout above $0.2850 could signal bullish momentum, while a decline below $0.2700 might indicate a bearish reversal.
Binance
Technical indicators show mixed signals:
Trading view.
4-hour chart: RSI at 57.57 and positive MACD suggest bullish momentum, though the price is below the upper Bollinger Band, indicating potential bearish pressure.
TradingView
Daily chart: RSI at 60.88 and positive MACD continue to indicate bullishness, but proximity to the upper Bollinger Band suggests caution.
7-day chart: RSI nearing overbought territory at 65.83, which could signal a potential price correction.
TradingView
In a bearish market scenario, factors such as regulatory challenges, market competition, and failure to meet development milestones could suppress VOXEL's price. Short-term projections estimate a range between $0.10 and $0.18, while long-term forecasts suggest a decline to $0.05–$0.10.
Botsfolio
For traders on Binance, it's crucial to monitor volume trends and key support/resistance levels to navigate potential breakouts or pullbacks effectively.