📈 Analysis and forecast for $PAXG on Binance: what are the further prospects? 📉
As of 13:02 EEST, July 1, 2025, the rate $PAXG on Binance is $3351, showing a growth of 1.62% over the last 24 hours. Moderate growth and stable trading volume reflect interest in PAX Gold, a gold-backed token from Paxos representing one troy ounce of physical gold from LBMA-certified vaults.
Technically, $PAXG is in a neutral trend with signs of stabilization. On the 4-hour chart, the 50-day SMA is close to the 200-day, indicating consolidation. RSI (14) around 55 signals a neutral zone with slight upward potential. Key resistance is at $3400, a breakout of which could lead to $3500. Support is at $3300, below which is $3250. Holding above $3351 maintains current stability.
Forecast: in the coming days, PAXG may test the resistance of $3400, with a chance to rise to $3500 by mid-July 2025 if interest in gold as a safe asset remains. By the end of 2025, a rise to $3600–$3700 is possible if geopolitical instability continues to increase demand for gold. The long-term outlook for 2030 is $4000+, provided the popularity of gold-backed assets increases. Risks include market volatility and changes in physical gold prices. Market sentiment is moderately positive, with forecasts above $3400, although some traders note the possibility of a correction.
Prospects? A growth of 1.62% and a price of $3351 are close to the resistance of $3400. Buying at $3300 with a target of $3500 and a stop-loss at $3250 may be justified. PAXG stands out as a reliable asset, combining the stability of gold with the convenience of cryptocurrency, which attracts investors. Keep an eye on news about gold prices and market activity!
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