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The Biconomy price prediction reveals that BICO moves to the upside as any close above the $0.30 level is expected.
Biconomy Prediction Statistics Data:
- Biconomy price now – $0.27
- Biconomy market cap – $190.5 million
- Biconomy circulating supply – 657.6 million
- Biconomy total supply – 1 billion
- Biconomy Coinmarketcap ranking – #131
BICO/USD Market
Key Levels:
Resistance levels: $0.32, $0.34, $0.36
Support levels: $0.17, $0.15, $0.13
BICO/USD is seen trading at $0.27 after recording an intraday high at $0.28 during the European session today. Looking at the daily chart, Biconomy (BICO) is above the 9-day and 21-day moving averages, aiming to cross above the upper boundary of the channel.
Biconomy Price Prediction: BICO Price Could Gain More Uptrends
According to the daily chart, the Biconomy price is currently hovering at the $0.27 level as the coin moves to cross above the upper boundary of the channel. In the meantime, the Biconomy price may remain above the 9-day and 21-day moving averages to keep the bullish movement. However, the Biconomy price may continue to do well and the price could hit the resistance levels at $0.32, $0.34, and $0.36 respectively.
Meanwhile, should the market price make a quick turn to the south, there could be a bearish move toward the lower boundary of the channel which could roll the market to the support levels of $0.17, $0.15, and $0.13 while the Relative Strength Index (14) moves into the overbought region.
BICO/BTC Goes Bullishly
Against Bitcoin, the Biconomy price may continue to hover above the 9-day and 21-day moving averages if the buyers increase the pressure, However, the coin is currently trading at 1003 SAT, if it crosses above the upper boundary of the channel, the next key resistance may come at 1200 SAT and above.
On the downside, if the sellers step back into the market, a possible bearish movement may likely come into play, which could bring the coin to the support level of 650 SAT and below. Meanwhile, the market price is trading bullishly at the moment as the Relative Strength Index (14) moves into the overbought region, suggesting more bullish signals.
Alternatives to Biconomy
The Biconomy price is likely to gain more if the bulls can defend the resistance level of $0.28 level; the coin may continue its upward movement by breaking above the channel after crossing above the moving averages. Therefore, any further bullish movement may take the coin to the potential resistance level of $0.30.
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