The current $oGPU chart showcases strong bullish momentum, with the price at $2.11 and a 47.39% increase in the last 24 hours. Here's an analysis and bullish price prediction:
Key Observations:
Volume Surge: High trading volume (3.22K ETH) suggests strong market interest, further fueling upward momentum.
Market Cap & Liquidity: A market cap of $44.35M and $1.7M in liquidity indicate stability for further growth.
Breakout Potential: The price has broken previous resistances and is consolidating, setting the stage for another upward move.
Bullish Indicators:
Trend Continuation: If the bullish trend continues, we could see a test of $2.50-$3.00 in the short term.
FOMO Impact: The recent rise and increased visibility may attract new investors, amplifying buying pressure.
Price Prediction:
Short Term: $2.50
Mid Term: $3.50