SingularityNET (AGIXUSD) Price Forecast: March 23
The AGIXUSD price may possibly swing up above the current resistance level to a high of $0.800 value. Should buyers triple their efforts to forecast a bullish increase in the market above the current resistance level at the $0.499 supply value, the $0.603 previous swing high may be retested which could further extend to the $0.800 trend level and beyond.
Key Levels
Resistance Levels: $0.500, $0.600, $0.700
Support Levels: $0.210, $0.200, $0.190
AGIX (USD) Long-term Trend: Bullish (Daily Chart)
The AGIXUSD pair is in a bullish trend zone in its long-term outlook; the current price can be seen above the two EMAs indicating a bullish trend.
The bulls have been in control of the market for the past few days which has made it possible for the coin to stay above the trend line and remain stronger in its recent high.
The price finds a reliable resistance at around the $0.499 resistance mark above the moving average lines as the daily chat opens today which resulted in intraday gains for the bulls.
Now, there is a great likelihood that the price will rise to its most recent swing high, which is the $0.603 level if the daily chart closes above the $0.559 high mark.
Furthermore, the daily stochastic indicates an uptrend, therefore, buyers are expected to continue with the bullish trend. This implies that the SigularityNET price may likely continue its positive moves and the $0.800 supply mark might be reached soon in the long-term perspective.
AGIX (USD) Medium-term Trend: Bullish (4H Chart)
In the medium-term frame, the AGIXUSD pair is trading in the bullish market zone. The coin price can now be seen progressing upward to the overhead resistance.
The bulls were able to push the price higher to the $0.512 resistance level during the last session and have sustained the crypto price above the supply trend levels in its recent high.
Today, the price of SingularityNET is making higher highs and higher lows. However, presently the coin now trades at the $0.499 resistance value above the moving average lines; this implies a gradual weakness in the strength of the sell traders while buyers are becoming more active.
Next, we can expect more positive moves as indicated by the momentum indicator which is pointing in an upward direction, this suggests that the AGIXUSD price may likely continue its bullish correction phase and as a result of this the coin price might possibly swing up to the $0.800 high value soon as the coin continues its uptrend movement in its medium-term outlook.
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