SCR / TetherUSLong
Scroll - January 3, 2025
Today, I’m writing about Scroll (SCR/USDT). Currently, SCR is trading at $0.97, sitting close to the 0.382 Fibonacci level at $0.913.
Based on the technicals, I expect SCR to climb to the 1.618 Fibonacci level, around $3, in the next 2-3 months 🚀. During the much-awaited altcoin season, Scroll looks very promising..
Why?
Scroll has a market cap of 184M, but only 19% of the tokens are in circulation. With strong fundamentals and the rising hype around Layer 2 projects, a 3-4x move from here doesn’t seem far from reality. 💡
Let’s see how it plays out. 👀
Based on the technicals, I expect SCR to climb to the 1.618 Fibonacci level, around $3, in the next 2-3 months 🚀. During the much-awaited altcoin season, Scroll looks very promising..
Why?
Scroll has a market cap of 184M, but only 19% of the tokens are in circulation. With strong fundamentals and the rising hype around Layer 2 projects, a 3-4x move from here doesn’t seem far from reality. 💡
Let’s see how it plays out. 👀
Note
So far we are rolling in 0.236 fib area, there's some way to go!
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