Weekly Price Outlook for $PROM
1. CoinCodex Forecast
•Range this week (Jun 27-Jun 30): $4.46— $3.68
•Expected drop: ~17.4%, bottoming at $3.68 by June 30
2. Binance Users' Consensus
•30-day outlook: +5%, reaching around $5.33 in 30 days
•This projection suggests a gradual uptick rather than a sharp swing.
3. CoinLore / CoinLif e
•Next 7-10 days: Range around $4.54-4.66
•10-day target as of July 7: ~$4.66, modest +2.3% gain
4. Mexc (5% annual growth model)
•End of this week (July 4): ~$4.7185
•Next-morning target (June 28): $4.7146
🔍Technical Analysis Insights
★Support/resistance levels by TradingView (via Binance):
•Support ~$4.41-4.40, Resistance steps at $4.40, $5.81, next near $6.44
★**Bearish-to-neutral indicators:**
•Weekly 50-day MA is above current price, acting as resistance.
•RSI neutral (30-70 zone), MACD shows no clear trend signal.
📌Summary: What to Expect This Week
•Bearish signals suggest a dip toward $3.70-4.00, consistent with CoinCodex's ~17% downside.
•Stabilization range appears to be between $4.40-4.70, noted by CoinLore/CoinLif e and Mexc.
•Upside potential to $5.30-5.40 may materialize only with broader market support.
⚙️Trading Considerations
•Risk/Reward: If expecting a rebound, buying around $4.40-4.50 may offer a good entry, with resistance near $5.30-5.80.
•Stops: Consider trivial stop-loss under $4.30, tying into stronger support.
•Monitor on-chain volume and overall crypto sentiment - these will drive the actual direction.
