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$1000CHEEMS Estimated Price Levels & Targets for 1000CHEEMS/USDT
1. Short-Term (1-3 Days)
Support Levels:
0.001440 (MA7)
0.001400 (psychological level)
Resistance Levels:
0.001541 (current resistance)
0.001612 - 0.001932 (Fibonacci levels & previous highs)
Possible Move:
If it holds above 0.001440, it may push towards 0.001612 - 0.001932.
If it fails, we could see a pullback to 0.001400 before another move up.
2. Mid-Term (1-2 Weeks)
If 0.001932 breaks with volume, next targets:
0.002000 (psychological round number)
0.002200 - 0.002500 (Fibonacci extensions)
If it fails to break, we could see consolidation around 0.001400 - 0.001600 before another attempt.
How Much to Expect?
Best Bullish Case: 0.002200 - 0.002500 if momentum continues.
Worst Case (Correction): 0.001400 - 0.001200 if sellers take over.
1. Short-Term (1-3 Days)
Support Levels:
0.001440 (MA7)
0.001400 (psychological level)
Resistance Levels:
0.001541 (current resistance)
0.001612 - 0.001932 (Fibonacci levels & previous highs)
Possible Move:
If it holds above 0.001440, it may push towards 0.001612 - 0.001932.
If it fails, we could see a pullback to 0.001400 before another move up.
2. Mid-Term (1-2 Weeks)
If 0.001932 breaks with volume, next targets:
0.002000 (psychological round number)
0.002200 - 0.002500 (Fibonacci extensions)
If it fails to break, we could see consolidation around 0.001400 - 0.001600 before another attempt.
How Much to Expect?
Best Bullish Case: 0.002200 - 0.002500 if momentum continues.
Worst Case (Correction): 0.001400 - 0.001200 if sellers take over.
$SHELL Things to Watch:
0.71 Resistance: If the price breaks and holds above this level, it could push toward 0.75+.
If buying volume remains high, the uptrend can continue.
0.71 Resistance: If the price breaks and holds above this level, it could push toward 0.75+.
If buying volume remains high, the uptrend can continue.
$PENGU If buying volume increases, the resistance at 0.039855 could be tested and possibly broken.
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$ICP
Internet Computer's (ICP) value has seen a downturn of 6.22% today.
However, the outlook for the next five days is optimistic, with an anticipated increase of 9.40% to 10.19%.
The market is currently bullish, with the Fear & Greed Index pointing to 'greed' at a high of 74.
Over the past month, ICP's value surged by 91.77%, and it has grown by 137.00% in the last year.
Key support levels to watch are $8.78, $8.22, and $7.18, while resistance may be encountered at $10.37, $11.42, and $11.97.
With the market's current sentiment, could this be an opportune moment to invest?
Join the conversation below and share your thoughts on ICP's forecast!
Internet Computer's (ICP) value has seen a downturn of 6.22% today.
However, the outlook for the next five days is optimistic, with an anticipated increase of 9.40% to 10.19%.
The market is currently bullish, with the Fear & Greed Index pointing to 'greed' at a high of 74.
Over the past month, ICP's value surged by 91.77%, and it has grown by 137.00% in the last year.
Key support levels to watch are $8.78, $8.22, and $7.18, while resistance may be encountered at $10.37, $11.42, and $11.97.
With the market's current sentiment, could this be an opportune moment to invest?
Join the conversation below and share your thoughts on ICP's forecast!
Cardano (ADA) Surges to New Yearly High: Technical Analysis Points to Continued Upside Potential
$ADA Cardano (ADA) has experienced a remarkable ascent, reaching a new yearly high of $0.50, marking its highest value since September 2022. This surge is underscored by the break above a significant 430-day resistance level, signaling a bullish trend.Momentum Indicators and Market AnalysisMarket traders are closely monitoring the Relative Strength Index (RSI), a key momentum indicator. With readings above 50 and a continuing upward trend, the RSI suggests that bulls maintain an advantage. Notably, the weekly RSI is not only above 50 but has also entered overbought territory, mirroring previous instances that preceded substantial upward movements.ADA Price PredictionDrawing on technical analysis from the daily time frame, the Elliott Wave theory is employed to gauge ADA's upward trajectory. The current wave count positions ADA in wave three of a five-wave movement, with a target of $0.70, representing a 40% increase from the current level.The daily RSI complements this prediction, breaking out from a bearish divergence trend line and indicating upward momentum. However, a cautious note is sounded—should ADA dip below the wave one high at $0.38, it could signal a corrective increase, potentially leading to a 40% decline to the next support level at $0.30.As Cardano continues its bullish streak, technical indicators and wave analysis suggest the potential for further upside, with a target of $0.70. Traders and investors are advised to monitor key support levels for a comprehensive understanding of ADA's price movements. This insightful analysis provides a nuanced perspective on ADA's recent performance and offers valuable insights for those navigating the dynamic cryptocurrency market.#cryptocurreny #Cardano #priceprediction #ADA #analyse
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