📈 Analysis and forecast for $PAXG : further prospects? 🚀
As of June 5, 2025, at 14:23 EEST, the rate $PAXG on Binance is $3415, with a 1.5% increase over the last 24 hours. The trading volume for the day is about $34.88M, market capitalization is $767.25M (with a circulating supply of 238.09K tokens). The increase is related to interest in gold amidst macroeconomic instability.
Technically, $PAXG demonstrates a moderate upward trend. On the 4-hour chart, the 50-day SMA is rising, and the 200-day SMA is stabilizing, indicating bullish momentum. The RSI (14) around 60 indicates a neutral state, while the MACD confirms weak growth. Key resistance is at $3456; a breakout above may push the price to $3600. A drop below $3182 will increase pressure down to $3100.
Forecast: by the end of June, PAXG may reach $3456–$3600 if interest in gold remains. By July 2025, a pullback to $3182 is possible if the market corrects. By the end of the year, the target is $6225 (CoinDataFlow forecast), assuming gold prices increase. Long-term potential for 2026 is $7300+, if demand for safe-haven assets persists. Fundamentally, $PAXG attracts investors as a gold-stable asset, but market volatility is a risk.
Further prospects? The price of $3415 is close to resistance at $3456, and the RSI at 60 signals possible consolidation. A 1.5% increase in 24 hours is a signal to take profits at $3456–$3600. Set a stop-loss at $3100. On X, traders note moderate optimism, advising to keep an eye on macroeconomics. Trade with caution! #PAXG #Binance #CryptoAnalysis
