TABOO TOKEN (TABOOUSD) Price Forecast: December 13
TABOOUSD has the potential for a bullish continuation as the coin trades above the supply trend levels. The crypto may likely swing up to the upper high level provided buyers don’t give up and increase their momentum pressure in the market. In case buyers manage to break up the pattern’s resistance trend line at the $0.003202 high value, a possible relief rally may drive the coin market price to the $0.003500 upper resistance mark and beyond, which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance Levels: $0.002200, $0.002300, $0.002400
Support Levels: $0.001000, $0.000900, $0.000800
TABOO (USD) Long-term Trend: Bullish (Daily Chart)
TABOO TOKEN‘s price is bullish on the higher time frame. The price bar can be seen above the moving average line attempting to swing up to the upper high level, this is due to the high impact from buyers.
The high order flow from the bulls to the $0.002524 high level during yesterday’s session also added to this bullishness. However, the bulls are now set to further swing up the coin price to the upper resistance zone.
The current price of TABOOUSD at the $0.002451 high level above the EMA-50 as the daily session opens today indicates an uptrend in the context of the strength of the market. This gives room for a more bullish impact on the market at the moment.
Adding to this, there is a tendency for the coin to further swing up if the support level holds, this will enable buyers to take the crypto price up to a high of $0.003500 soon in its long-term perspective.
TABOO (USD) Medium-term Trend: Bullish (4H Chart)
The TABOOTOKEN pair is showing a more bullish impact in its medium-term time frame. The coin chart suggests that the price may swing up further soon as the bulls have the market at their disposal at the moment. 
The bullish pressure at the $0.002322 supply level in the past few hours has sustained the crypto price above the trend levels in its recent high.
Shortly after the 4-hour chart opened today, the bulls made an aggressive move up with a bullish candle to the $0.002430 resistance level above the EMA-50. This however makes it possible for the coin to swing up further.
Trading above the moving averages will allow the market value of TABOOTOKEN to continue to swing up and this could lead to the retest of the $0.003202 previous high mark.
Similarly, the price signal which is pointing upwards indicates that the trend will remain in an uptrend, if buyers should intensify their tension in the market and the price of TABOOUSD may swing up to a $0.003500 upper high level soon in its medium-term perspective.
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