Four Coin Price Prediction – Is FORM Still A Good Buy?
As previously indicated, the Four price is up by more than 830% year-to-date, making it the top-performing cryptocurrency on the market.
Notably, FORM has rallied by 11% over the past 24 hours, despite the broader market weakness. This is often a sign of strong latent demand, which suggests that it could be one of the top gainers once the market outlook improves.
Indeed, the Four price is currently trading within an ascending wedge, which could result in a rally to $4. Moreover, it recently formed a hidden bullish divergence, as evident by a higher low in price and a lower low in RSI.
Similarly, its Moving Average Convergence Divergence (MACD 12, 26) has formed a bull cross, as indicated by the 12-day Exponential Moving Average crossing above the 26-day EMA. Every time this signal flashes, it results in a significant appreciation in the FORM price.
However, sidelined investors shouldn’t allocate a major portion of their portfolio to the Four coin. The next phase of the bull market is expected to be dominated by retail investors, who will likely buy popular altcoins like Ethereum, XRP, Dogecoin and Pepe.
Meanwhile, those hunting for outsized returns can buy low-cap meme coins like Snorter.
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