Voxies (VOXELUSD) Price Forecast: April 29
The Voxies price is gearing up for the next bull run despite the recent uncertainty in the crypto market. The coin is showing a new fundamental growth towards the resistance level and the price will most likely continue its bullish run. Hence, the price could still go higher if the price can break up the $0.439 previous high mark, then we can expect the next bull run to hit the $0.450 upper resistance level, thus a clear buy signal.
Key Levels:
Resistance Levels: $0.150, $0.200, $0.250
Support Levels: $0.100, $0.90, $0.80
VOXEL (USD) Long-term Trend: Bearish (Daily Chart)
VOXELUSD price is gearing up for the next bull run as it portrays a bearish market trend in its long-term outlook. The price responded to the shift in the market structure and is currently below the moving averages. This is clear as we can see the prices gearing up towards the resistance line, indicating a bearish market.
The high order flow of the bears at the $0.248 low value during yesterday’s session has made the price remain below the supply levels in its recent price level.
Today, the price of Voxies which is gearing for the next bull run was able to pull back and is taking the $0.256 resistance near the EMA-50 as the daily chart opens. More upsides are possible if it breaches the moving averages.
Further, this next bull run may break the $0.439 resistance level and accelerate the bullish momentum if the bulls could add more efforts to the buying forces in the market.
Notably, the crypto is pointing up on the daily stochastic, under the influence of this market level, it means that the VOXELUSD price may continue gearing up for the next bull run.
Thus, the coin should rise steadily soon and break up the previous high at $0.439 level to reach the $0.450 resistance level soon as we watch the crypto market gearing up for the next bull run on the higher time frame.
VOXEL (USD) Medium-term Trend: Bullish (4H Chart)
The market price of VOXELUSD is also gearing up for the next bull run and currently trading in the bullish market zone on the medium-term outlook. This is due to the high inflows of the buy traders on the crypto.
The bullish impact on the crypto at the $0.251 supply level during the previous action has sustained its firmness and gearing up above the supply levels in recent times.
However, the Voxies price is gearing up and regaining its strength back as we can see a new corrective move by the bulls to the $0.256 resistance levels below the EMA-50 as the 4-hourly session resumes today.
Though there is still room for growth if the buy traders can break through the previous high level of $0.377, the currency pair may rise even further.
Thus, the price of Voxies may continue gearing up for the next bull run as indicated by the daily signal pointing up, as a result, the next bull run may reach the $0.450 supply level soon in its medium-term time frame.
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