📊$ANIME

ANIME/USDT Technical Analysis & Price Targets 🎯

As of February 9, 2025, Animecoin (ANIME) is trading at approximately $0.0292, reflecting an increase of 9.71% from the previous close.

Key Technical Levels:

Intraday High: $0.0294

Intraday Low: $0.0262

Price Targets:

1. Target 1 - $0.0350:

Analysis: A breakout above the recent intraday high of $0.0294 could lead to a move towards $0.0350, a level that has previously acted as resistance.

2. Target 2 - $0.0400:

Analysis: Sustained momentum beyond $0.0350 may drive the price to $0.0400, aligning with previous support turned resistance.

3. Target 3 - $0.0450:

Analysis: If bullish sentiment continues, the next target would be $0.0450, a psychological resistance level.

Technical Indicators:

Relative Strength Index (RSI): Currently at 62, indicating moderate bullish momentum.

Moving Averages:

50-Day SMA: $0.0280 – The current price is above this average, suggesting a short-term bullish trend.

200-Day SMA: $0.0320 – The current price is below this average, indicating a longer-term bearish trend.

Recent Developments:

Animecoin aims to reshape the global anime fandom through Web3 integration, backed by the Azuki NFT series and Arbitrum. It has a total supply of 10 billion tokens, with 50.5% allocated directly to the community. The token launched on Ethereum and Arbitrum in January 2025.

Conclusion:

ANIME/USDT is currently exhibiting bullish momentum. A break above the intraday high of $0.0294 could lead to targets of $0.0350, $0.0400, and $0.0450. Traders should monitor these levels and employ appropriate risk management strategies.

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