#magicusdt #binance#Price-Prediction

#MAGIC/USDT Price Movement Analysis – April 21, 2025

As of April 21, 2025, $MAGIC /USDT has shown strong bullish momentum, recording an intraday gain of +10.69%, with the current price at $0.2257. The token surged from a 24-hour low of $0.1794 to a high of $0.3036, indicating heightened volatility and trading interest.

Market Sentiment & Volume

Volume has significantly increased, with 24h volumes of 566.14M $MAGIC and 128.52M USDT, supporting the price rise. Technical indicators like MA(5) and MA(10) are still above the price, suggesting some bearish overhang, but the short-term momentum leans bullish.

Money Flow Analysis

From the money flow data:

Total buy orders: 582.18M $MAGIC

Total sell orders: 556.36M $MAGIC

Net inflow: 25.82M MAGIC

This inflow highlights a slight bullish pressure, especially with large and medium buy orders outweighing sell-side volume. This could indicate growing accumulation by larger holders.

Trend Overview

Today’s Gain: +16.51%

Last 7 Days: +188.38%

Last 30 Days: +61.17%

Longer Term (90D - 1Y): Still bearish, with a 1-year drop of -73.02%, suggesting the current rise might be a relief rally.

Prediction for Today:

Upside Potential: If bullish momentum continues and breaks resistance near $0.2406 (MA60), a short-term test of $0.26-$0.28 could follow.

Downside Risk: If profit-taking kicks in, support is seen near $0.20-$0.21.