Cirus Foundation (CIRUSUSD) Price Forecast: December 9
Today’s Cirus Foundation market is bullish. The bulls remain dominant and are gaining ground on the XRP market right now. According to the current situation, the coin may continue to rise if buyers increase their market activities aggressively. The coin might further climb up to the $0.07000 upper resistance level and beyond.
Key Levels:
Resistance Levels: $0.05000, $0.05500, $0.06000
Support Levels: $0.03500, $0.30000, $0.025000
CIRUS (USD) Long-term Trend: Bullish (Daily Chart)
CIRUSUSD bulls remain dominant and gaining more ground, as the coin price is experiencing a jolly bullish move in the long term. With massive volumes from the bulls, the coin price is now trading strongly above the moving averages. As a result, the recent market structure has favored bulls.
The sustained bullish pressure was able to push the coin price upside to a $0.05779 high level before the end of yesterday’s session; this has enhanced the crypto price to remain firm above the supply levels in its recent high.
Today, the market price of Cirus Foundation at the $0.06700 high level which is above the moving averages as the daily chart opens implies that the price is in an uptrend and from the way it is at the moment, it will keep growing.
Should the bulls increase their pressure, the resistance level of $0.06700 may not hold and it may extend to a $0.0700 high level as the bulls remain dominant and gain ground at the moment.
Hence, there is a tendency for the CIRUSUSD price to rise further, if all the support level holds, this will enable buyers to take the price up to a high of $0.07000 level soon in its long-term perspective.
CIRUS (USD) Medium-term Trend: Bullish (4H Chart)
Upward pressure still dominates the CIRUSUSD market in the medium-term time frame. The bulls remain dominant and gaining ground as the price currently trades above the moving averages, this affirms its bullish trend.
The bulls made it to a $0.04999 resistance level during yesterday’s session and sustained it. This made it possible for the price to rise further.
Today’s market value of Cirus Foundation at a $0.06150 supply value above the EMA-50 as the 4-hour session opens today affirms the presence of more buyers in the market.
In addition to that, with the daily stochastic pointing upwards, we can expect more bullish action, if all the support holds in place. The price of CIRUSUSD might jump up to the $0.07000 upper high level soon as the bulls remain dominant and gain ground in its medium-term outlook.
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