$LAYER
As of May 15, 2025, Solayer (LAYER) is trading at approximately $1.15 USD, reflecting a 2.6% decline over the past 24 hours. The 24-hour trading volume stands at $119 million, with a market capitalization of around $242 million.
---
📊 Technical Analysis (LAYER/USDT)
Current Price: $1.15
Resistance Level: $1.62
Support Level: $1.35
The price is currently testing the resistance at $1.62. A breakout above this level could target $1.65. Conversely, a drop below the support at $1.35 may indicate further downside.
---
🔮 Price Predictions for 2025
Analyst forecasts for LAYER in 2025 vary:
BelnCrypto: $0.62 – $3.28
WalletInvestor: $2.79 – $3.30
CoinEdition: Up to $6.50
Bitscreener: Possible maximum of $10.80
These projections suggest potential growth, but also highlight the volatility and uncertainty inherent in the cryptocurrency market.
---
📈 Trading Strategy Considerations
Bullish Scenario: If LAYER breaks above the $1.62 resistance with strong volume, it could aim for $1.65 and potentially higher targets like $2.10.
Bearish Scenario: Failure to hold above $1.35 may lead to a retest of lower support levels.
Given the current market conditions and analyst predictions, traders should monitor key support and resistance levels and consider setting stop-loss orders to manage risk.
---
*Please note that cryptocurrency investments carry significant risk, and it's essential to conduct thorough research and consider your financial situation before making investment decisions.*
