📈 Analysis and Forecast for $BSW : Future Prospects 🚀
As of May 24, 2025, 19:56 EEST, the price $BSW on Binance is $0.0334, with a 15% increase over the last 24 hours. The trading volume for the day is around $23.3M, with a market capitalization of $25.2M (with a circulating supply of 815M BSW). On X, users note interest in Biswap due to low fees and activity on BSC, which supports optimism.
Technically, $BSW in a strong upward trend. On the 4-hour chart, the price has broken above the 50-day moving average ($0.029), and the RSI (14) at 70 indicates bullish momentum, close to overbought. Key levels: support — $0.031, resistance — $0.035. A break above $0.035 could push the price to $0.04, but a drop below $0.031 would increase pressure toward $0.028.
Forecast: In the short term (until the end of May), BSW may reach $0.04 if volume is maintained. By July 2025, a correction to $0.028 is possible due to overbought conditions, but with positive news, growth to $0.08 is realistic by 2026. The long-term target for 2030 is $0.10+, provided that the Biswap ecosystem expands and DeFi on BSC grows. Fundamentally, the project benefits from low fees (0.1%) and DAO governance, but competition in the sector is high.
Future Prospects? After a 15% increase and a current price of $0.0334, a move to $0.035–$0.04 is likely. For entry, wait for confirmation above $0.035. For holders, taking profits is justified as we approach $0.04. High volatility and news dependence require caution — keep an eye on BSC dynamics and volumes! #BSW #Binance #CryptoAnalysis
