{"id":611464,"date":"2024-12-19T08:51:21","date_gmt":"2024-12-19T08:51:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=611464"},"modified":"2024-12-19T08:51:21","modified_gmt":"2024-12-19T08:51:21","slug":"usual-price-prediction-usual-soars-38-as-traders-rush-to-buy-this-ico-ahead-of-imminent-announcement","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/usual-price-prediction-usual-soars-38-as-traders-rush-to-buy-this-ico-ahead-of-imminent-announcement","title":{"rendered":"Usual Price Prediction: USUAL Soars 38% As Traders Rush To Buy This ICO Ahead Of Imminent Announcement"},"content":{"rendered":"

The Usual price soared 38% in the last 24 hours to trade at $1.25 as of 02:09 p.m. EST on trading volume that skyrocketed 509% to $1.7 billion.<\/span><\/p>\n

The USUAL price surge comes after its listing on Binance, the world’s biggest crypto exchange. <\/span><\/p>\n

Usual Price On A Bullish Trend Reversal<\/h2>\n

The Usual price, after launch, went on through a sustained bullish trend to the $1.29 resistance zone. USUAL then went on through a retrace back to the $0.94 support before soaring back to the resistance zone, forming a rounding bottom pattern, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

The Usual price<\/span><\/a> trades well above the 50-day Simple Moving Average (SMA) ($1.1127), confirming short-term bullish momentum.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is at 67.32, nearing overbought conditions (70+). This indicates strong bullish momentum but suggests a potential short-term pullback or consolidation as buyers may lose steam temporarily.<\/span><\/p>\n

If the Usual price sustains its bullish trend reversal, the asset could soar even higher, as the bulls aim for the next resistance level to $1.60.<\/span><\/p>\n

\"Usual
USUALUSD Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

If the price fails to sustain above $1.25 and falls below the 50-day SMA ($1.1127), a correction toward $1.00 may occur, invalidating the bullish pattern in the short term.<\/span><\/p>\n

Meanwhile, <\/span>ClayBro, a prominent crypto analyst with over 131K subscribers, says the recently launched Catslap (SLAP)<\/a> could be the next 50x meme coin.<\/span><\/p>\n