Biconomy Price Prediction for Today, September 28

Biconomy Price Prediction for Today, September 28 – BICO Technical Analysis

Updated: 29 September 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

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

Biconomy Price Prediction for Today, September 28 – BICO Technical Analysis — BICOUSD – Daily Chart

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.

However, are you ready to conquer your crypto-mining fears? Bitcoin Minetrix is the solution you’ve been waiting for. By purchasing and staking BTCMTX tokens, you gain access to cloud mining credits. This decentralized model prioritizes the security and transparency of your investments, with the ongoing presale already surpassing $167k.

Bitcoin Minetrix Is a NEW Presale Token Which MINES $BTC for YOU – The Best New Token.