PAX Gold $PAXG ) 4-Hour Price Prediction – What's Next?
🚀 PAX Gold (PAXG) is gaining momentum! Currently trading around $2,928.51, the coin has experienced fluctuations between $2,907.50 (low) and $2,939.27 (high) in the past 24 hours. Key support is at $2,900, while resistance stands at $2,950. Will PAXG break out, or is a correction coming? Let's analyze!
4-Hour Market Outlook
Bullish Scenario: If PAXG breaks above $2,950, we could see a rally toward $3,000+! 🚀
Bearish Scenario: If PAXG drops below $2,900, the next support is at $2,850.
Key Technical Indicators
RSI: At 55 – neutral with a slight bullish bias.
MACD: Showing early signs of a bullish crossover! 📈
EMA 50: Acting as resistance near $2,940 – a strong push could trigger upside movement.
Trading Strategy
Short-term traders: Buy near $2,900, sell at $2,950+ for quick profits!
Long-term investors: If PAXG continues to grow, accumulating at dips could be a solid strategy.
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