📊 Current Performance
• Current price: approximately 0.633 USD, with a slight upward change (+0.17%) .
• Highest price today: around 0.6436 USD
• Lowest price today: around 0.6291 USD.
🔍 Near-term forecasts (24 hours)
• According to CoinLore, the price is expected to range between 0.6253 and 0.6606 USD, reaching 0.6477 USD (+1.5%) by tomorrow morning .
• Traders Union indicates continued selling pressure, expecting the price to reach 0.625 USD during the week, and it may drop again to 0.551 USD monthly .
• Technical analysis from CoinDCX expects the price to stabilize today between 0.67–0.69 USD, but it may face clear resistance around this short-term timeframe.
⚖️ Brief Technical Analysis
• The price has been moving within an upward channel since the beginning of June, with support levels around 0.62 USD and resistances at 0.67–0.69 USD.
• The MACD indicator shows slight divergence towards positivity, but the SMT (Chaikin Money Flow) indicator shows weak accumulation, indicating that momentum is bullish but limited .
✅ Forecast Summary
• 24-hour range: the price is likely to fluctuate between 0.62 – 0.66 USD.
• Temporary bullish scenario: potential to reach 0.647–0.65 USD if the resistance level at 0.64–0.66 USD is broken.
• Bearish scenario: if it fails to hold above 0.62 USD, it may retreat towards 0.61 or lower.
📝 Tips for investors over the next 24 hours:
1. Monitor the price on short timeframes: support at 0.62 USD, resistance at 0.66 USD.
2. Technical signals: staying above moving averages or breaking the upward channel could enhance momentum.
3. Be prepared for short-term fluctuations: movements may range from +2% to -2% during the day.
🔮 Quick Summary
• Short-term trend: neutral to moderately bullish.
• Expected price range: 0.62 – 0.66 USD over 24 hours.
• Critical point: 0.62 USD (strong support) and 0.66 USD (resistance to watch if breached)
