Metaverse VS Bitcoin Reversal Probability
Updated
Metaverse found the bottom at BTC 0.00010 and started to move higher breaking above 200 Moving Average reaching BTC 0.00042 while gaining over 300% in just two weeks. Price corrected back and found the support at BTC 0.00027, where the previou high was established on the 20th of December.
At the same time, ETP/BTC is at the bottom of the ascending channel which could provide a good buying opportunity for a short to medium term. While BTC 0.00020 psychological support is holding it is likely that Metaverse will continue rising and will test BTC 0.00050 in the coming days or weeks. Break above it should pus the price higher and could establish a longer term uptrend.
At the same time, ETP/BTC is at the bottom of the ascending channel which could provide a good buying opportunity for a short to medium term. While BTC 0.00020 psychological support is holding it is likely that Metaverse will continue rising and will test BTC 0.00050 in the coming days or weeks. Break above it should pus the price higher and could establish a longer term uptrend.
Note
Metaverse still at the support, buying opportunity is thereNote
Metaverse volume increasingNote
And yet again its at the supportNote
Trading is open, holding long term
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