After heading to a decrease for about two months, Sonic (Prev. FTM) is just separated from a long -term downtown. The distinctive symbol increased by more than 10 % on May 1, jumping from about $ 0.49 to close the day at $ 0.5453. This penetration came when Bitcoin also showed early recovery signs, which seem to raise feelings across many small altcoins.
Currently, the audio price is hovering over the hack area. Traders closely monitor to see if it exceeds $ 0.52, which now works as short -term support.
With new developments such as Binance Wallet integration, original USDC support, and incentives for builders and players, the Sonic Ecosystem system raises. To understand what might happen after that, we asked Chatgpt to provide potential price scenarios for the month of May.
Pingle scenario: Sonic falls to $ 0.48 – $ 0.50
If the price of Bitcoin decreases about $ 90,000 and turns the broader market to red, Sonic may struggle to obtain its current support. A failed collapse, especially at least $ 0.52, can restore Sonic (S) to a region of 0.50 – 0.48 dollars.
This area was a unification base in April and may serve as the next stop if the momentum faded. Traders will also watch Bitcoin closely. Any BTC decline can increase the pressure pressure via Altcoins like Sonic.
Realistic scenario: Voice trades between $ 0.62 and $ 0.68
If Bitcoin remains in a range of $ 92,000 and 98 thousand dollars and the altcoin morale remains neutral, the sound price may rise gradually until May. The penetration above the long -term downtown direction, along with size and ecosystems, refers to a stable upward trend.
The resistance is located about $ 0.60 and $ 0.66, which stopped the previous gatherings. If these levels are separated, Sonic may find space to test the 0.68 dollar sign. Without any major disturbances, this scenario reflects a tight move up up with slight declines.
Optimistic scenario: Sonic Rallies to 0.75 – 0.85 dollars
If Bitcoin collapses more than $ 100,000 and takes off the altcoins again, Sonic can benefit from the new investor’s attention. The launch of Mainnet, developers incentives, Binance exposure, and Gems Gems give Sonic a strong narration.
In this upscale scenario, increased trading and adoption activity may pay the Sonice (S) price to 0.75 – 0.85 dollars. This would also reflect a complete reflection of the recent Haboodi effects and put a Sonic on the road towards new levels of 2025.
Also read: Superstack XRP + USDC: Can Ripple become the new stablecoins?
Final ideas about the audio price in May
In writing, Sonic is trading about $ 0.5540. End ending, but the next few days will be a key to confirming whether the reflection of the trend is valid.
The path forward depends on whether the bitcoin price remains stable and whether the Sonic ecosystem continues to grow. Traders are now watching $ 0.52 and 0.60 dollars resistant areas to measure the Sonic price direction to The rest of the month.
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