Mathisen Marketing

Your Marketing Blog

BICO/USD Finds a New Direction

BICO/USD Finds a New Direction

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Join us Telegram channel to keep up to date with the latest news

In the Biconomy market, buyers strengthened enough to stop the downtrend on August 19. The result was a consolidation of 7 days’ worth of prices. On August 26, the bulls became so strong that they pushed the price to a high of $0.6332. At this point traders started selling and the price started to fall again. This is why the market drag continues. Now Biconomy is looking for a new direction to a lower level as the buying pressure seems to be weakening.

Biconomy market price statistics:

  • BICO/USD price now: $0.4682
  • BICO/USD market cap: $ 89,410,743
  • BICO /USD circulating supply: 190,954,186.73
  • BICO/USD total supply: 1,000,000,000
  • BICO/USD Coin Market Rank: #256

Key levels

  • Resistance: $0.4989, $0.5333, $0.5500
  • Support: $0.4513, $0.4251, $0.4000

Buy Biconomy now

Your capital is at risk

Punt Crypto Casino banner

Biconomy market price analysis: indicators perspective

the bulls are trying to get back into this market, but they just aren’t strong enough. Moving average convergence and divergence reflected some rising price recovery attempts on the 4th-9th. September, but the selling pressure is only stronger. In today’s market, the buyers are there again. They are trying to get the market back. The RSI line tries to retrace the upper level of the indicator from the lower area. However, the MACD has not yet reflected this trend. The histogram and lines show no signs of a bullish price recovery.

Biconomy Price Analysis September 16: BICO/USD Finds New Direction

Biconomy: BICO /USD 4-hour chart view

These outlooks support the rising sentiment of price recovery. so far the bulls are ruling the market over the three sessions. However, the first session cannot be considered a direct bullish profit, as the bear drove the price back to its opening price. The strength of the bears can still be felt, but so far two indicators in this time frame suggest that buyers are coming.

Related

Tamadoge – Play and earn meme coins

Tamadog logo
  • Earn TAMA in battles with Doge Pets
  • Limited Supply of 2 Billion, Token Burn
  • NFT based Metaverse game
  • Pre-sale Live now – tamadoge.io
Tamadog logo

Join us Telegram channel to keep up to date with the latest news

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published.

Latest Posts

  • Bitcoin (BTC) Balances On Exchanges are Rising – crypto.news

    Bitcoin (BTC) Balances On Exchanges are Rising – crypto.news

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Bitcoin balances are on the rise again in crypto exchanges despite a small recovery in prices. This development may not bode well for the prominent crypto as investors may be preparing to sell it in the coming days or weeks. […]

    Read More

  • Crypto Sleuth Links The Wintermute $160M Hack To Insider Job

    Crypto Sleuth Links The Wintermute $160M Hack To Insider Job

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase In the crypto industry, problems related to hacking and exploitation have become one of the dreaded nightmares. The increasing expansion of the crypto space also increases exploitation. Despite the security measures that most crypto protocols build around them, bad actors […]

    Read More