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MAGICUSDT

MAGICUSDT, It's so magical !? 🪄Hello guys, Everything is explained on the chart for you like always. Magic is a new token in metaverse and gaming category. The price on the support after a heavy correction, I think that it can grow well in the next bull run. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me . Salam be doostan, hame chiz rooye chart baraye shoma moshakhas shode. Magic yek token jadid dar shakhe metaverse va gaming hast. gheymat baad az yek eslaah sangin bar rooye hemayat hastesh. man fekr mikonam ke dar harkat soodi badi bazar mitone roshde khobi dashte bashe. (tosiye maali nist). mitoonid tooye watch lsitetoon negah darid. lotfan modiriyat sarmaye va risk dashte bashid. moafagh bashid. like va follow faramoosh nashe :)
Long
by ArashBanakar
1
MAGIC in the Middle of a Strong Bull RunMAGIC is currently experiencing one of the strongest bull runs in the whole market. Let's see why! What is MAGIC? MAGIC is a utility token used as a cross-game currency to connect gaming communities in the Treasure Metaverse, a decentralized NFT ecosystem on Ethereum's Layer 2 scaling solution. It launched in September 2021 and serves as a reserve currency for the metaverse. Players can earn MAGIC tokens through gaming, mining, and participating in Treasure's games, including Bridgeworld, Beacon, and Realm. MAGIC's Crash and Recovery Unfortunately, like many other cryptocurrencies, MAGIC had a terrible year in 2022. It lost almost 97% of its value, which was one of the worst declines in the industry. However, after the November market crash, MAGIC's price began to turn around and slowly started a bull run. From November 2022 until the February 17, 2023, the token gained over 1,000%, which is one of the biggest rallies seen for a top 100 market cap coin. Despite this rally, the coin is still 65% below its all-time high, which was reached in February 2022. MAGIC Respects its Support and Resistance Levels One interesting feature of MAGIC is that it is one of the few altcoins that actually respects its support and resistance levels. Most altcoins go right through their previously established zones. However, MAGIC is different in this regard and is more likely to bounce off them. This means that technical analysis can be more reliable when trading this cryptocurrency. MAGIC's Current Price Action MAGIC has recently bounced off of the $1.00 support and is currently heading toward its current resistance at $2.25. If the price breaks above this level, it will probably head towards the next resistance at $3.50. Bottom Line: While MAGIC experienced a rough year in 2022, it has since shown signs of recovery and is currently in the midst of a significant bull run. Its unique feature of respecting its support and resistance levels may make it an interesting choice for technical traders.
by cryptohopper
Magic Buy TradeHere is My Study on Magic. According to my study. Magic has just now Finshed the Retracement. And Ready to Jump Up. Welcome to my channel! Here you'll find daily technical analysis of the latest trends in the crypto market. From Bitcoin to altcoins, I'll be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution.
Long
by MoonTradingForecast