💰 Current Spot Price $MDT
The MDT price is currently trading at approximately $0.0348, with a significant increase of about +29% over the last 24 hours.
The average market cap is estimated at around $23.5 million USD, and the daily trading volume is approximately $33.8 million USD.
The trading ratio from the total supply reaches 68% (~676 million units out of 1 billion MDT).
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📈 Technical Overview and Market Momentum Analysis
The currency has experienced a sudden increase exceeding 100% in a single session, breaking through significant resistance levels on daily and weekly timeframes.
The price has surpassed EMA averages (20, 50, 100 days), and is approaching the EMA 200 at ~0.0283 USD.
The RSI has entered the overbought zone (>85), which may indicate a potential short-term pullback, but confirms the presence of strong buying momentum.
The price tested the Fibonacci extension of 23.6% (~0.0438 USD), and it seems the next move may be towards the 38.2% levels (~0.0635 USD) and then 50% (~0.0793 USD).
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🚦 Key Technical Levels
Item Price
Current Support ~0.028 – 0.030 USD
Nearby Observed Resistance ~0.038 – 0.044 USD
Medium-Term Target ~0.063 USD
**Stronger Target (50% Fib)** ~0.079 USD
A sustained break below support (0.028 USD) may lead to a correction towards 0.026 USD or lower.
A break above mid-range resistance (~0.0438) could open the way for a rise towards 0.06‑0.08 USD at Fibonacci targets.
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🔮 Short-Term Forecast
MDT is transitioning from a round base and low supply pressure towards strong bullish momentum, placing it at the beginning of a potential upcycle during 2025.