FINE Price Prediction: FINE Roadmap May Be A Major Price Booster

Updated: 12 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.

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FINE was trading at $0.000000015 at 6:02 am EST and ranked second on the DEXTools Hot Pairs list.

Although FINE is trading below its all-time high of $0.000000048, its positive price movement in the past 24 hours shows that more investors are entering long positions after taking profits from the first price surge.

However, how far the present rally will go depends on FINE’s ability to overcome its resistance levels.

FINE Buyers Enter Accumulation Phase

FINE is in an uptrend on the 1-hour chart, forming a bullish engulfing pattern. The long green candle shows that the buyers have moved into an aggressive accumulation phase at 5:00 AM EST.

The asset is trading in the upper region of the Donchian Channel, and the upper wick on the hourly candle also suggests that buyers are opening more long positions.

Also, the Relative Strength Index (RSI) value is 55.94, rising from the neutral zone towards the overbought zone. The RSI will likely move above 70 if the buyers sustain their pressure.

The Moving Average Convergence/Divergence (MACD) is above its signal line and displays a buy signal, and its green Histogram bars confirm it.

FINE is recovering well after a brief retracement when the buyers began to take profit. However, its resistance and support levels will prove critical to the next price moves.

FINE Finds Critical Support At $0.0713

FINE has found support at the $0.000000013 price level as buyers re-entered the market to force a rally. The long green candle that formed has broken above the $0.0715 resistance level, and its upper wick has tested the $0.000000016 resistance level.

If FINE closes above any of these levels today, an uptrend is confirmed to send the asset into the overbought territory. Based on its past price action, FINE will likely break above its two closest resistance levels with a close above $0.000000015, a realistic entry point for late buy trades.

By the end of 2023, FINE will likely attain $0.00001 if investors refuse to relent.

Its price action moving forward remains highly speculative and dependent on external influences from market forces in the crypto market.

Fine’s Roadmap May Be Its Major Price Booster

Fine has a strategic roadmap that includes a launch on major cryptocurrency market platforms, CoinGecko and CoinMarketCap, during its initial phase.

This is a significant development, as these platforms are widely used by crypto enthusiasts and investors for research and tracking. So, by featuring on these platforms, Fine (FINE) could gain credibility and exposure to a wider audience.

Such heightened visibility can increase token adoption over time as more users discover and become interested in the project.

Fine Still Hostage To Market Movements

Like many other crypto assets, the Fine token is closely tied to the broader crypto market dynamics. One of the most significant influences on its price is the overall sentiment in cryptocurrency, mostly directed by Bitcoin price.

For instance, the pending approval of the Bitcoin Exchange-Traded Fund (ETF) could be a potential driver of FINE price.

If approved, Bitcoin ETF could bring in institutional investors and more mainstream adoption, potentially leading to increased demand for cryptocurrencies, including Fine.

On the contrary, if the ETF faces regulatory hurdles or gets rejected, it may cause temporary market uncertainty, which could affect the prices of digital assets, including the FINE token.

Therefore, investors in Fine should stay vigilant and informed about developments within their specific token and in the broader crypto landscape.

Due to the instability of the Fine token and its vulnerability to market fluctuations, investors seek better alternatives, mostly in emerging tokens like Bitcoin BSC. The idea is to stay protected from market uncertainty while anticipating good returns on their investments.

Fine Alternative – Bitcoin BSC

Bitcoin BSC aims to outperform the many Bitcoin clone coins in the market using its potent tool, staking, which helps counter any selling pressure during listings.

Bitcoin BSC employs the same approach by incorporating staking into its design from the beginning. Staking offers token holders a way to earn rewards equal to the amount of tokens they stake in a smart contract and the duration of their stake.

Primarily, this staking feature provides price support, including positive capital returns and income yield to network participants.

Bitcoin BSC shares the same total token supply as Bitcoin – 21 million. During the presale, 6,125,000 tokens, accounting for 29% of the total supply, will be available, giving BTCBSC an initial market cap of $6,063,750.

Two percent of the supply is set aside for DEX liquidity provision, ensuring smooth trading during launch and beyond. The remaining 14,455,000 BTCBSC tokens (69% of supply) are reserved for staking rewards, distributed every 10 minutes as new blocks are added to the chain.

Presale and post-presale investors can purchase BTCBSC at only $0.99 and stake it with a 7-day withdrawal lock. Remember that to participate in the presale, you’ll need to use BNB. However, ETH holders can start staking after the presale concludes. Visit the project’s website to get started.