MUBARAKUSDT Hourly Technical Analysis
In the 1-hour technical analysis of the newly listed Mubarak Meme Coin, it is moving at the same level as the 21-day price average. Indicators are positive, and the price is consolidating in a sideways range, fluctuating between 0.130 - 0.150.
This meme coin is supported by CZ and is currently undergoing a voting process on Binance. CZ has shown his support for this meme coin by wearing the traditional Arab outfit featured in the coin's symbol in his social media posts. In short, since MUBARAK coin has a potential chance of getting listed on Binance in the future, the probability of positive price movements is high.
THIS IS NOT INVESTMENT ADVICE.
The information, comments, and recommendations provided here do not constitute investment advice. Investment advisory services are offered within the framework of an investment advisory agreement signed between the investor and brokerage firms, portfolio management companies, or non-deposit banks. The content on this page reflects only personal opinions and may not be suitable for your financial situation, risk tolerance, or return expectations. Therefore, no investment decisions should be made based on the information and statements provided here.
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In the 1-hour technical analysis of the newly listed Mubarak Meme Coin, it is moving at the same level as the 21-day price average. Indicators are positive, and the price is consolidating in a sideways range, fluctuating between 0.130 - 0.150.
This meme coin is supported by CZ and is currently undergoing a voting process on Binance. CZ has shown his support for this meme coin by wearing the traditional Arab outfit featured in the coin's symbol in his social media posts. In short, since MUBARAK coin has a potential chance of getting listed on Binance in the future, the probability of positive price movements is high.
THIS IS NOT INVESTMENT ADVICE.
The information, comments, and recommendations provided here do not constitute investment advice. Investment advisory services are offered within the framework of an investment advisory agreement signed between the investor and brokerage firms, portfolio management companies, or non-deposit banks. The content on this page reflects only personal opinions and may not be suitable for your financial situation, risk tolerance, or return expectations. Therefore, no investment decisions should be made based on the information and statements provided here.
To stay updated on our analyses with both positive and risky technical indicators, please follow and like our page. Your support is greatly appreciated!
Note
In the hourly technical analysis, MUBARAK Coin has experienced a sharp sell-off after failing to stay above the 21-day moving average. Having broken below the 0.120 support level, MUBARAK Coin is trying to remain stable at the 0.110 support level. With indicators reaching lower positions, MUBARAK Coin may have a chance to recover from this support level. We expect the Binance voting results to have a positive impact.Note
As of now, MUBARAK Coin has rapidly recovered and moved above its 21-day price average, positioning itself positively. The 0.143 resistance level will now be monitored. Indicators are positive.Resistances: 0.143 - 0.150 - 0.165
Supports: 0.120 - 0.110 - 0.087
This is not investment advice.
Trade closed manually
We are closing this analysis for a new hourly technical analysis. Hourly technical analysis needs to be renewed in a short time. Support and resistance can change.
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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.
Related publications
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.