📈 Analysis and Forecast on $HIGH : What are the further prospects? 🚀
As of June 5, 2025, 20:20 EEST, the price of $HIGH on Binance is $0.584, with a 4.3% increase over the last 24 hours. The trading volume for the day is around $3M (estimated), and the market capitalization is $30M (with a circulating supply of 51.3M tokens). The increase is related to interest in Highstreet and metaverses.
Technically, $HIGH shows mixed signals. On the 4-hour chart, the 50-day SMA is rising, confirming a short-term bullish trend, but the 200-day SMA is falling, indicating long-term weakness. The RSI (14) is around 55, indicating a neutral state, while the MACD shows weak bullish momentum. Key resistance is $0.600, a breakout above may push the price to $0.650. A drop below $0.550 will increase pressure to $0.500.
Forecast: By the end of June, HIGH may reach $0.600–$0.650 if interest in metaverses is maintained. By July 2025, a pullback to $0.550 is possible if the market corrects. By the end of the year, the target is $0.800, provided Highstreet grows. Long-term potential for 2026 is $1.00+, if the metaverse sector continues to grow. Fundamentally, $HIGH attracts investors due to integration with VR/AR, but market volatility is a risk.
What are the further prospects? The price of $0.584 is close to resistance at $0.600, and the RSI at 55 signals possible consolidation. A 4.3% increase over 24 hours is a signal to take profits at $0.600–$0.650. Set a stop-loss at $0.500. Some traders note a bearish sentiment due to recent selling pressure, advising to watch the volumes. Trade with caution! #HIGH #Binance #CryptoAnalysis
