🚀 Analysis and forecast for $NXPC : further prospects? 📉
As of May 20, 2025, 12:08 EEST, the price $NXPC (Nexpace) on Binance is $1.80, down 11% in the last 24 hours. Since the listing, when the price peaked at $3.83, there has been a steady decline, which may indicate a correction after the hype around the airdrop and early interest. The trading volume for the day is about $1B, and the market capitalization is $304M, reflecting sustained interest despite selling pressure.
Technically, $NXPC is in a bearish trend. On the 4-hour chart, the price has dropped below the 50-day moving average ($2.10), which is acting as resistance, and is testing support at $1.75. The 200-day SMA ($1.60) may become the next support zone. The RSI (14) at 38 indicates oversold conditions, which may herald a reversal if support holds. The nearest resistance is $1.90, and a break below $1.75 will increase pressure towards $1.50.
Forecast: in the short term (until the end of May) NXPC may consolidate in the range of $1.75–$1.90, if support holds, with potential growth to $2.20 by July 2025 in the event of positive news (e.g., new games in the MapleStory ecosystem). The long-term target for 2026 is $5.00 if the project strengthens its position in GameFi. However, risks remain: token unlocks and low conversion of Web2 users to Web3 may increase pressure.
Prospects? The current price of $1.80 is close to the support at $1.75, making it a cautious entry point with a stop-loss at $1.70. For short-term traders, taking profits at $1.90 may be reasonable. Stay tuned for news from the ecosystem! #NXPC #Binance #CryptoAnalysis
