SingularityNet (AGIXUSD) Price Forecast: February 24
The AGIXUSD market is on the positive side today. The coin price remains strongly bullish and makes a buy trade set up at the current supply of $0.7560 for coin buyers. In case the bulls’ pressure breaks up the current resistance level, the coin price may increase further to a $0.800 high trend line which indeed will be a turnaround for the coin holders.
Key Levels
Resistance Levels: $0.5000, $0.600, $0.7000
Support Levels: $0.2100, $0.2000, $0.1900
AGIX (USD) Long-term Trend: Bullish (Daily Chart)
The Singularity Net price is losing bearish momentum as it remains strongly bullish above the resistance level in the long-term perspective. The coin price makes a buy trade set-up while trading at the higher resistance level above the EMA-50, indicating a bullish trend.
The bulls have been in control of the market for the past few days, this has made the coin price remain strongly bullish in its recent high.
Today’s daily bullish candle which rose and made a buy trade set up at the $0.7560 resistance mark above the moving average line confirms that the coin price remains strongly bullish while the bulls’ dominance in the market is noticed.
Hence, an upside breakout above the current price level with a daily candle closing will offer buyers a solid foothold to push the AGIXUSD price higher.
Further, the SingularityNet price may continue and remain strongly bullish to make a buy trade set up as suggested by the daily stochastic which is pointing in an upward direction. In light of this, the coin price may get to the $0.800 upper resistance trend mark soon indicating a good crypto signal and a buy trade setup in its long-term outlook.
AGIX (USD) Medium-term Trend: Bullish (4H Chart)
Despite the moves by the short traders, the AGIXUSD pair also remains strongly bullish on the medium-term time frame. The coin price is now strongly trading above the moving average line with huge volumes from the bulls. 
The crypto has been having a series of higher highs and higher lows which has made it possible for the price to remain strongly bullish in its recent high.
The sell traders moved in briefly and dropped the price of SingularityNet down to a $0.7134 low level above the EMA-50 as the 4-hourly chart opens today. This signifies a bullish trend. Thus, buyers need to add more pressure to their activities to move the market beyond the current price level.
Further, should the bulls prove stronger and the coin price sustains above the $0.7501 high level, the potential rally could surge higher to hit the $0.800 upper resistance level and beyond as the AGIXUSD price remains strongly bullish in its medium-term outlook.
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