🚀 Analysis and forecast for $AWE : Launchpool start, what’s next? 📈
As of May 21, 2025, 11:42 EEST, the price of $AWE on Binance started from a peak of $0.0715 on Launchpool, but has now decreased to $0.067, reflecting a correction after the hype. The trading volume for the day is still low ($1.2M), and the market capitalization is about $8.5M (according to market data). The increase in interest is associated with the launch of AWE Network, focusing on Web3 infrastructure, which is generating excitement on X.
Technically, AWE looks volatile. On the 1-hour chart, the price has formed a local maximum, but the RSI (14) at 70 signals overbought conditions. Key levels: support — $0.065, resistance — $0.075. A breakout above $0.075 could raise the price to $0.08, but a drop below $0.065 will increase pressure towards $0.06. Volumes are currently unstable, which is typical for a launch.
Forecast: in the short term (by the end of May), AWE may fluctuate in the range of $0.06–$0.08 if interest remains. By July 2025, a correction to $0.055 is possible due to the hysteria of decline. The long-term target for 2026 is $0.15–$0.20 if the project delivers on its promises for scaling Web3 and attracts partners. Success depends on adoption and news.
What are the further prospects? The current price of $0.067 is below the peak, and taking profits is reasonable, especially considering the RSI. Set a stop-loss at $0.064. For long-term investors, holding with a target of $0.075 is justified, but watch the volumes. Launchpool coins are volatile, and $AWE risks a crash if the hype fades. Proceed with caution! #AWE #Binance #Launchpool