๐๐๐ฝ๐๐ ๐๐ฃ ๐ฉ๐๐ 2025 ๐พ๐ง๐ฎ๐ฅ๐ฉ๐ค ๐๐ช๐ง๐๐๐๐๐ ๐๐ง๐ฎ๐ฅ๐ฉ๐ค ๐ข๐๐ง๐ ๐๐ฉ ๐๐ฃ 2025 ๐๐จ ๐๐ก๐๐๐ฉ๐ง๐๐.๐ธ๐
it's driven by Bitcoinโs post-halving rally and renewed institutional interest. Binance Coin (BNB), the backbone of BSC, has seen significant gains, with predictions suggesting it could hit $800-$1,250 this year. This bullish sentiment on BNB directly benefits BSW, as Biswapโs ecosystem thrives on BSCโs high transaction speed and low costs. However, recent volatilityโevidenced by BSWโs 15% price drop after Binance announced its spot trading removal effective July 4โhas created both challenges and opportunities.As of June 26, 2025, BSW is trading at approximately $0.0344, with a market cap of $18.4 million, down 98.17% from its all-time high of $1.88 in December 2021. Despite this, BSW has shown resilience, rebounding 28.6% after hitting oversold conditions. Trading volume has spiked dramatically, with a 604.17% increase in 24hr volume and 956.97% surge in trades, indicating heightened market interest. This volatility reflects broader market dynamics, where alt coins like BSW experience sharp swings amid Bitcoinโs dominance and regulatory headlines.
๐จ๐Technical Analysis: Is BSW Poised for a Breakout?Recent posts on X highlight BSWโs breakout from a consolidation phase, with strong bullish momentum. Key support lies at $0.020, with resistance at $0.035. The Relative Strength Index is currently overbought at 71.60, suggesting a potential short-term pullback, but the Moving Average Convergence Divergence indicates a bullish crossover, supporting upward momentum. The 50-day Simple Moving Average is projected to reach $0.03211, and the 200-day SMA is expected to hit $0.037045 by July 25, 2025, signaling a positive medium-to-long-term trend.BSWโs price action shows itโs trading within a range of $0.0111 to $0.0484.
Comment Your Opinion here ๐
