I'm bullish on BETA and expect a 33% price increase in the coming days. Here’s why:
Support and Trendlines:
The coin is consistently trading above the 50-day moving average, and the RSI is showing a strong uptrend without being overbought. This suggests that there is still room for growth before we hit any major resistance levels.
Market Sentiment:
Positive sentiment is building around BETA due to recent developments and partnerships. The overall crypto market also seems to be in a recovery phase, which could provide additional upward momentum for BETA.
Volume and Momentum:
There’s a clear increase in trading volume, indicating strong momentum. As the volume picks up, the price is likely to follow suit, pushing us toward the 33% target.
Fundamentals:
BETA’s project fundamentals remain solid, with continued development and community support. This is likely to attract more investors, pushing the price higher.
Conclusion:
With these factors in play, I expect BETA to rally by 33% in the near term. I’ll be watching the 0.044 as a key support level and 0.06 as the profit target.