Hello everyone! I want to give a brief overview of the SQR token for the upcoming week. As we can see, after the recent news about MagicSquare TruePNL acquisition, the token price surged to the resistance level and then dropped back to the support level. Currently, the price is within a strong price range, making it difficult to break out. In the near future, I expect the price to be around $0.47 if there are no additional positive news. My strategy is as follows: if we can solidify at $0.60, it's likely we'll move with good news towards $1. However, if we dip below $0.52, which seems more probable at the moment, I anticipate a prolonged trading in the range of $0.44-$0.52.
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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.