BANANA / TetherUSUpdated $Banana/Usdt Prediction!
Dear Traders,
In the recent past, Banana coin has demonstrated a bullish trend and achieved substantial progress. At present, we find ourselves at a critical juncture. For a bullish price forecast, Banana coin may oscillate within the $53 to $65 range for a period or potentially surge directly to the $80 mark upon surpassing the minor resistance at $65. In the most optimistic scenario, we could witness a rapid ascent towards the $120 zone. Conversely, a pullback to the mid to low 40s is possible, followed by a subsequent rise. However, this outcome appears highly improbable given the exceptionally high daily volume.
In the recent past, Banana coin has demonstrated a bullish trend and achieved substantial progress. At present, we find ourselves at a critical juncture. For a bullish price forecast, Banana coin may oscillate within the $53 to $65 range for a period or potentially surge directly to the $80 mark upon surpassing the minor resistance at $65. In the most optimistic scenario, we could witness a rapid ascent towards the $120 zone. Conversely, a pullback to the mid to low 40s is possible, followed by a subsequent rise. However, this outcome appears highly improbable given the exceptionally high daily volume.
Note
So far, this coin has gone below the $50 zone on more than one occasion. Unless a buying miracle happens, we may have to visit the mid to low $40 zone. This was not desired, but the chart clearly points in this direction.Note
The $47 level is of paramount importance in maintaining the current bullish momentum. Should it fail, there is a significant risk of a decline towards the low $40 levels, which could potentially erode investor confidence. It is imperative that this level holds in order to sustain the positive market sentiment.Trade closed: target reached
Bearish target has been reached! Unfortunately $47 key level broke and hit bearish target of $43 exact! For now on anything can happen. But unfortunately binance played dirty tricks on their costumers as usual. They let traders buy at the very top then place a scary message to scare people so they would not buy it during the decline. Holders got hit pretty badly and investors confidence deeply shaken. Another sad story!Note
The Banana Gun has resumed operations. If it can surpass the $65 threshold, it is likely to reach at least the $78–$80 zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.