Below is the latest update on the price and technical analysis of MetisDAO (METIS) as of 08:22 AM on April 26, 2025 (Hanoi time), along with the price trend forecast for the next 24 hours.
📈 Current METIS price
Current price: $16.44
24-hour change: Up 2.51%
Market capitalization: Approximately $103.89 million
24-hour trading volume: Approximately $9.68 million
Circulating supply: 6.37 million METIS
All-time high (ATH): $176.58
All-time low (ATL): $10.25
🔍 Technical analysis
Composite signal: On the 1-hour chart, 92.86% of signals from moving averages indicate a strong bullish trend.
RSI indicator: Currently at neutral, indicating the market does not have a clear trend.
Market sentiment: The “Fear & Greed” index is at 60 (Greed), reflecting optimistic investor sentiment.
📊 Price trend forecast for the next 24 hours
Bullish scenario: If METIS surpasses the resistance level of $17.19 with strong trading volume, the price could aim for $21.94.
Sideways scenario: If there is no new momentum, the price may fluctuate between $16.31 – $17.19.
Bearish scenario: If it loses the support level of $16.31, the price could drop to the range of $15.50 – $16.00.
📰 News and market momentum
Accumulation from whales: Blockchain data shows significant accumulation from whales, indicating confidence in METIS's bullish trend.
Institutional investor inflow: The increase in cash flow from institutional investors is driving the price of METIS, reflecting confidence in MetisDAO as a potential blockchain platform.
✅ Conclusion
In the next 24 hours, METIS may continue to fluctuate between $16.31 – $17.19. Breaking the resistance level of $17.19 with strong trading volume could open up a bullish opportunity to $21.94. However, if it loses the support level of $16.31, the price may adjust to the range of $15.50 – $16.00.