TABOO TOKEN (TABOOUSD) Price Forecast: November 9
TABOOUSD has the potential for a bullish continuation as the coin trades and holds above the $0.002220 supply trend levels. The coin price may rise to a high trend line of $0.2000 if the bull’s pressure breaks through the resistance level of $0.002841. This would represent a significant turnaround for the coin holders.
Key Levels:
Resistance Levels: $0.00150, $0.00160, $0.00170
Support Levels: $0.00130, $0.00120, $0.00110
TABOO (USD) Long-term Trend: Bullish (Daily Chart)
TABOOUSD indicates an upward trend with a bullish sentiment as the coin holds above the supply mark in its long-term perspective. The coin is trading strongly above the EMAs. However, the market is presently facing resistance at the recent high.
The crypto price has been sustained above the supply trend levels in its recent high due to persistent bullish pressure in the past few days.
The coin price finds reliable resistance at around $0.002799 level above the moving average line, resulting in intraday gains. This is as a result of more concerns from the buy investors.
Therefore should the bulls increase their swagger in the market, the price of TABOO TOKEN is poised to pump and hold above the key resistance levels around the $0.002841.
Likewise, the momentum indicator which is pointing up indicates that the price of
TABOOUSD is in an uptrend and may possibly remain in that direction to hit the $0.003000 supply level and beyond soon as it holds above the supply levels in the higher time frame.
TABOO (USD) Medium-term Trend: Bullish (4H Chart)
Despite the interference of short-term traders in the price flow, the medium-term outlook market holds above the supply mark and shows a bullish race. 
The price of TABOOUSD can also be seen progressing upward above the moving averages. This shows that buyers are currently gaining more strength in the market.
Pressure from the bulls to a $0.002495 high level in the past session also contributed to its bullishness in its recent high.
An additional buying pressure pushed the price of TABOO TOKEN to a $0.002799 resistance mark above the supply level as the 4-hour chart opens today. This will however give the buy traders the tendency to further ladder up the trend.
To push the price and hold above the $0.002841 supply zone more buyers’ participation is a prerequisite.
Notably, TABOOUSD’s price is pointing up on the daily signal, which means that the coin price may rise even further, and this could reach the $0.003000 supply level son as the crypto holds above the supply mark in its medium-term perspective.
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