Simplified Technical Analysis for Coin $MAGIC
Treasure (MAGIC), with a focus on precise resistance points:
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Current Price
The current price of MAGIC is estimated at around 0.2911 USD, with a slight increase of +0.14% from the previous close. The daily trading range is between 0.2401 USD and 0.2942 USD.
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Precise Resistance Points
1. CoinLore – Support and Resistance Analysis
First Resistance (R1): 0.2929 USD
If the price manages to break through, it may head towards: 0.3763 USD → 0.4751 USD as subsequent resistance targets.
2. CoinCodex – Daily Pivot and Resistances
Pivot (P1): 0.25256 USD
Resistance Levels:
R1: 0.26473 USD
R2: 0.28753 USD
R3: 0.29970 USD
3. Gate.com – 2025 Forecasts
Average yearly forecast: around 0.2876 USD
Expected upward resistance range: up to 0.3997 USD
Highest potential resistance: up to 0.6714 USD if the bullish scenario materializes.
4. CCN – Technical Analysis on Weekly Timeframes
Analyses indicate a break of resistance around 0.35 USD, with the possibility of reaching 0.70 USD if the upward momentum continues.
Scenario in case of weakening momentum: price approaching 0.20 USD or even below 0.10 USD.
5. TradingView – Comprehensive Technical Assessment
Daily Overall Rating: Strong Buy
Weekly Rating: Buy
Monthly Rating: Sell
Technical indicators such as RSI, MACD, and moving averages support the upward trend, with a need to monitor rapid market developments.
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