can it go to $1 is it possible | Market watchers on Binance Square

Trending Articles

Bookmarked and Liked

Market watchers

--

can it go to $1 is it  possible 

Crypto_Mafiaa

--

Bullish

It's Just A Beginning 😎
$1 Is Inevitable 💸
$PENGU Will Make New Millionaires In 2025 ✍️
Get Ready For #pengu Tsunami 🌪️

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

0

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Market watchers

@Square-Creator-d11421007

Explore More From Creator

Don't sleep on $INIT Technical Snapshot** - **Bollinger Bands**: The price sits below the middle band (**1.0490**), suggesting consolidation after a rally. Resistance at the upper band (**1.2402**) and support near the lower band (**0.8578**) define key levels. - **RSI**: The RSI6 (**59.60**) nears overbought territory, while RSI12 (**49.22**) and RSI16 (**48.55**) remain neutral, hinting at short-term overheating. - **MACD**: A bearish crossover persists (MACD: **-0.0028**), but narrowing gaps between DIF (**-0.0439**) and DEA (**-0.0411**) suggest weakening downward momentum. ### **Volume and Events** Current volume (**2.69M**) lags behind 5-day and 10-day averages (**22.78M** and **26.57M**), indicating fading follow-through. Traders should watch three critical dates—**May 13, 15, and 18, 2025**—which may correlate with token unlocks, protocol updates, or macroeconomic triggers. ### **Outlook** While the rally showcases bullish sentiment, overbought RSI6 and low volume raise sustainability concerns. A break above $1.04 could target $1.24, but failure may see a retest of $0.89. Traders should monitor the MACD for trend reversals and prepare f or volatility around upcoming events. Follow for more

--

Dont forget TIA - **EMA Trends**: The current price sits below the EMA50 ($2.826), EMA100 ($2.812), and EMA200 ($2.796), suggesting a bearish longer-term trend. However, the recent 5% rally hints at short-term bullish momentum challenging this narrative. - **MACD**: A bullish crossover is evident, with the MACD line (0.027) rising above the signal line (DEA: -0.103). However, both remain in negative territory, indicating weak underlying momentum. - **RSI Divergence**: The RSI6 (69.06) nears overbought levels, pointing to short-term buying pressure. In contrast, RSI12 (48.93) and RSI24 (45.88) remain neutral to slightly bearish, highlighting a discrepancy between near-term optimism and cautious longer-term sentiment. ### **Volume and Key Levels** The 24-hour volume (2.081M) trails the 5-day moving average (2.336M) but exceeds the 10-day average (2.746M), suggesting fluctuating trader interest. Immediate resistance lies at the EMA cluster ($2.796–$2.826), while support rests near the 24-hour low of $2.534. A breakout above the EMAs could fuel further gains, but failure might trigger a retracement. ### **Market Sentiment and Events** Upcoming dates (**May 13, 21:00** and **May 17, 01:00**) could correlate with events like token unlocks, protocol updates, or exchange-related announcements. Such catalysts may amplify volatility, making these timelines critical for traders to monitor. ### **Conclusion** TIA’s recent price action reflects a tug-of-war between short-term bullish enthusiasm and longer-term technical resistance. While the MACD crossover and rising RSI6 hint at potential upside, the overarching EMA bearish alignment and subdued RSI12/24 advise caution. Traders might consider scalping opportunities on breakouts above $2.826 or hedging risks with stop-losses near $2.53. For long-term holders, patience is key until clearer trends emerge

--

### **Recent Price Performance and Volatility** As of the latest data, FET is trading at **$0.7978**, reflecting a notable **5.29% surge** over the past 24 hours. The mark price—a reference price used to avoid liquidation discrepancies—stands slightly higher at **$0.7982**, indicating strong buying pressure. The token’s 24-hour trading range reveals heightened volatility, with a high of **$0.7987** and a low of **$0.7288**. This ~9.5% intraday swing underscores the dynamic nature of FET’s current market activity. Trading volumes further highlight investor interest. Over the past day, **101.69 million FET tokens** (valued at **$76.91 million** in USDT) changed hands. Such liquidity is a double-edged sword: it suggests healthy market participation but also raises the potential for sharp price movements, especially in response to broader market trends or project-specific news. --- ### **Technical Analysis: Key Indicators to Watch** #### **Bollinger Bands (BOLL)** The Bollinger Bands, set at a 20-period moving average with 2 standard deviations, currently show: - **Upper Band (UP): $0.8093** - **Middle Band (MB): $0.7707** - **Lower Band (DN): $0.7321** FET’s price is hovering near the upper band, which often signals overbought conditions. However, sustained momentum could push the token toward testing the $0.8093 resistance. A rejection here might lead to a pullback toward the middle band ($0.7707), a critical support level to monitor. #### **Relative Strength Index (RSI)** The RSI values across different timeframes provide nuanced insights: - **RSI(6): 69.25** (approaching overbought territory) - **RSI(12): 56.50** (neutral) - **RSI(24): 53.35** (neutral) The shorter-term RSI(6) nearing 70 suggests some exhaustion in buying pressure, while the longer-term RSIs indicate balanced market sentiment. Traders should watch for divergence between these metrics—a falling RSI(6) alongside a rising price could signal a potential reversal. #Ai #FET

--

what happened to init

--

catch $BANANA before it crosses 100

--

Latest News

Bitcoin(BTC) Surpasses 107,000 USDT with a 2.62% Increase in 24 Hours

--

Guatemala's Banco Industrial Launches Stablecoin Payment System on Polygon

--

DWF Labs Transfers MANTA Tokens to Staking Wallet

--

Canary Updates Solana ETF Application

--

UK Pension Firm Urges Insurers to Consider Bitcoin as Strategic Asset

--

Trending Articles

[BUTTON GAME 5 BNB GREAND PRICE CLICK THE LINK AND JOIN BNB

Ripple’s Circle Acquisition Would Be ‘Disastrous’ for Crypto, Warns MetaLeX’s Shapiro

$PEPE reaching $1 Please read the complete post for full de

🔥 3 HOURS OF HELL: TORTURED FOR A METAMASK PASSWORD 🔐 🔥

WHY XRP DON'T RISE? 😵‍💫📈💲DONT WORRY ITS A NUCLEAR ⚛️ BOOM

Cookie Preferences

Cookie Preferences