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Price Prediction

Restoring by injection for $ 10 re -test – is the reflection ascending in the future?

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(Ing) injection can be prepared to re -test another 10 -dollar resistance as it tries to confirm the main support level. Some analysts indicate that the encrypted currency can prepare for hacking and a huge upscale reflection.

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Eye injection 10 dollars re -test

Over the course of last month, the injection increased by about 43 % of its lowest level for 18 months registered on April 7. During the recovery last month, the cryptocurrency was pumped from the lowest level of $ 6.34 to the $ 10 barrier, with a height of six weeks at $ 10.63 before recovery.

It has been in a declining direction since it reached its highest level in the fourth quarter at 35.26 dollars, as it recovered nearly 75 % in the past six months. Analyst Crypto Rand indicated that the symbol had tried to get out of the declining direction but faced strong resistance around a range between 9.5 and $ 10.

injection
Injecting faces rejection from the declining direction. source: Rand encryption on x

After her last jump, the injection of this range was rejected, with some market monitors suggestion It can re -test $ 9.20 levels of support before the following penetration attempt.

In the midst of the weekend, the price of these levels did not touch, trading between $ 9.00 -9.40 dollars and briefly decreased to $ 8.90 before the bounce. After a decrease of 4.8 %, the cryptocurrency tries to confirm this level as support, which may help injecting the power of earning to pay another on the key area and about 11 to 12 dollars.

Crypto Rand pointed out that the collapse of “$ 10 will lead to the upscale reflection”, which could push the distinctive symbol towards the $ 14 barrier, in early March. It is worth noting that this level was the main horizontal level since the post -election pump in November, as it was a decisive support and resistance.

The version is ready for penetration?

Meanwhile, the SJUUL analyst of Altcryptogems highlighted a large and reverse head style on the ing chart, noting that investors should pay attention because “this is one of the most powerful patterns of reflection.” This composition is a bullish reflection diagram that indicates a potential shift from the declining direction to the upward trend.

injection
The infection is the opposite head and the shoulder pattern. source: altcryptogems on x

According to the graph, the cryptocurrency has formed this setting over the past two months, with the neck session on the resistance level of $ 10.30. The collapse of the neckline can lead to a significant increase in the mark of $ 14.

Lyrter analyst Assure This injury “seems to be an absolute theft” in its current scope, because it considers that the currency is most likely to decrease from the main support of 2023 at about 5.5 dollars.

The analyst suggested that if the momentum turns on Altcoins, the price of “AIN” will return to the heights at any time, “adding that it is” one of the most powerful basics of all projects there. “

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It is worth noting that the project Declare This is “for the first time ever, all the wonderful 7 shares live on the chain via injection” to “Return Wall Street and financing forever.”

According to the May 6 statement, the Apple’s Apple, Microsoft’s MSFT, Amazon’s Amzn, Nvidia’s Nvda, Meta Meta, Google Googl and Tesla’s Tsla are now fully traded around the clock throughout the week through the IASSEST frame for the wing and Burn are not central.

As of the writing of these lines, BINS is trading at $ 9.25, an increase of 27.2 % in the monthly time frame.

Inject
Perform the injection of the graph for one week. Source: Injusdt on Tradingvief

Distinctive photo of Unsplash.com, Chart from Tradingview.com

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