Let's consider the factors that may influence the future price of token $PROVE from Succinct.
Currently, the price of PROVE is $1.32, which is 1.08% lower over the last 24 hours, but has increased by 45.32% over the last month. The market capitalization is around $257 million, with 195 million tokens in circulation out of a total supply of 1 billion. This means that a large portion of the tokens has not yet been released, and their subsequent release may put pressure on the price, especially if there is a significant unlocking event.$PROVE
$PROVE Technical analysis shows that the 7-day Relative Strength Index (RSI) is 59.69 — this is a neutral level, meaning the token is neither overbought nor oversold. The pivot point is at $1.31, which is close to the current price and may serve as support. The moving averages show a mixed picture: the 7-day Simple Moving Average (SMA) is $1.42, while the Exponential Moving Average (EMA) is $1.32. This indicates some volatility, but without a clear trend.