SolarX (SXCHUSD) Price Forecast: June 26
In the past 24 hours, SXCHUSD bulls have been in control as the pair shows a bullish flag. The cryptocurrency is showing optimistic indicators above its supply value of $0.069. If coin holders demonstrate strength and the price remains above its current high value of $0.075, the bullish gains could extend to a high of $0.100 and beyond, resulting in a good buy for the coin traders.
Key Levels:
Resistance Levels: $0.072, $0.073, $0.074
Support Levels: $0.055, $0.054, $0.053
SXCH (USD) Long-term Trend: Bullish (1H Chart)
SXCHUSD pair suggests a bullish flag as the bulls remain dominant with positive momentum in its long-term perspective. Firstly, the cryptocurrency has broken above the moving average which indicates a possible rise of the pair. The pair is currently above the level of $0.69, indicating a bullish flag in recent times.
The coin’s price trading above the moving averages at the $0.075 resistance level as the hourly chart opens today, indicates a bullish flag and a more favorable market influence.
SolarX is trading in a “Rising Channel” with higher highs and lower lows, indicating bullishness. This will genuinely allow buyers to affect price trends.
Further, the price might continue its uptick trend, as shown by the price indicator pointing upwards. If the SXCHUSD price can break above the $0.075 current supply value, we can expect a price increase to the $1.00 upper resistance level soon in its long-term outlook.
SXCH (USD) Short-term Trend: Bullish (15-Minute Chart)
On the short-term outlook, the SXCHUSD pair also remains in an uptrend and shows a bullish flag, indicating that bulls are still very optimistic in the market.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend.
The bulls show a bullish flag by swinging the SolarX price to a $0.075 high point close to the upper resistance area above the EMA-50, resulting in an intraday gain for coin buyers as the 1-hourly chart opens today. This makes it possible for the coin to remain positive and good for a BUY position.
In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $1.00 resistance level soon as it shows a bullish flag in its short-term outlook.
Buy SolarX on Longhornfx
Leave a Reply