📈 Analysis and forecast for $BICO : is it time to exit? 🚀
As of May 28, 2025, 08:32 EEST, the price of $BICO on Binance is $0.1227, with a rise of 12.2% over the last 24 hours. The trading volume for the day is about $11.65M, and the market capitalization is $137.57M (with a circulating supply of 950.81M BICO). The increase is related to interest in Biconomy as a multichain protocol for simplifying transactions in Web3, including gas optimizations and working with dApps.
Technically, $BICO shows a bullish trend. On the 4-hour chart, the price has broken through the 50-day moving average ($0.112), and the RSI (14) at 68 indicates momentum close to overbought. Key levels: support at $0.115, resistance at $0.130. A break above $0.130 could push the price to $0.150, but a drop below $0.115 would increase pressure towards $0.105.
Forecast: by the end of May, BICO could reach $0.150 if the volume is maintained. By July 2025, a correction to $0.105 is possible due to overbought conditions, but with positive news (such as new integrations), growth to $0.200–$0.250 is realistic by the end of the year. The long-term target for 2026 is $0.500+, if the project continues to develop. Fundamentally, support from large funds (Coinbase Ventures) and a focus on Web3 strengthen positions, but competition and volatility remain risks.
Is it time to exit? The current price of $0.1227 after a 12.2% increase is close to the overbought zone. To lock in profits, wait for $0.130–$0.150. Set a stop-loss at $0.115. For holders, this is a high-potential asset—keep an eye on volumes and news. The market is volatile, so be cautious! #BICO #Binance #CryptoAnalysis
