LAYER/USDT Price Prediction for the Next 48 Hours
$LAYER 🚀🚀🔥🔥📈
Current Market Overview
Current Price: $1.3539
24h High: $1.3875
24h Low: $1.0502
24h Price Change: +28.69% (Strong bullish momentum)
24h Trading Volume:
LAYER: 34.26M
USDT: 41.32M
Technical Indicators Analysis
Moving Averages (MA):
MA(7): $1.1174 (Short-term trend)
MA(25): $1.0106 (Medium-term trend)
Price is well above both moving averages, indicating a strong uptrend.
MACD (Moving Average Convergence Divergence):
DIF: 0.0918
DEA: 0.0798
MACD: 0.0120
Positive MACD with DIF above DEA confirms bullish momentum.
Resistance & Support Levels:
Resistance:
$1.38 (Recent high)
$1.52 (Next key resistance)
Support:
$1.20 (Psychological support)
$1.05 (Stronger support from recent low)
Volume & Price Action:
High volume and large bullish candles confirm strong buying pressure.
Price is in an uptrend, with potential further gains if momentum sustains.
Prediction for the Next 48 Hours
Bullish Scenario (Price Increase):
If LAYER breaks above $1.38, it could test $1.52.
Sustained bullish volume may push it toward $1.60 in the short term.
BEARISH SCENARIO (Price Drop):
If LAYER fails to hold above $1.30, it could retest $1.20.
A break below $1.20 would indicate a reversal toward $1.05.
CONCLUSION
Short-term trend: Strong Bullish
Key Resistance Levels: $1.38, $1.52
Key Support Levels: $1.30, $1.20, $1.05
Probability of Uptrend Continuation: High
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