The BANANAS31 coin is currently trading at $0.0069 after an amazing rise in June 2025 of 1300% before later dropping by 91% from its peak. The daily trading volume is around $20 million, and the market cap is around $69 million.
For technical indicators:
The Relative Strength Index (RSI) indicates a corrective phase; the market may need some stability before rising.
Moving averages show attempts to bounce back.
Support and resistance levels:
The first support is $0.006, representing an important price rebound barrier, and the second support is $0.005, a stronger support in case the decline continues.
The first resistance is $0.01, a short-term upward barrier, and the second resistance is $0.014, a potential target if the upward trend continues.
Forecasts:
Short-term there is a possibility of reaching $0.014 by the end of this year if recovery continues, and in the medium term the price may reach $0.043, with positive conditions reaching $0.051, but this is a weak possibility.
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