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SUPRAUSDT

SUPRA chart updated analysisThis is a follow on from previous SUPRA analysis here: Left chart: Price holding the possible reversal bullish divergence forming along pink trendlines. EMA8 blue line is still holding price down and the Stoch RSI is back to bearish zone. Right chart: I drew in a different trendline(green) on this chart to show either left or right chart green trendline are valid. The RSI and LMACD still have no bullish signs as mentioned in previous analysis as to what we want to see here. Overall, SUPRA is still in a downtrend and if the bullish divergence fails, then the green fib pocket on right chart could be hit at 0.01 If the bullish divergence plays out price must breakout through resistances shown, then get past 0.022 and then above 0.0265 Any big bullish move will get stopped at 0.03252 Where do you think price will go from here, down or up? Don't forget to hit that like rocket button!
by Pro_Trader_HTBB
4
SUPRA chart analysisSo far I have called every move on SUPRA since joining the SUPRA tribe. What we see on this chart is SUPRA is in a downtrend still rejecting off fib pocket each time. I have not shown the fib indicators here to show this as the chart would be too messy. On the Stoch RSI we can see each time it crosses up as shown by the orange vertical lines, the price on the chart goes from the yellow arrow to the % as shown by the green price ranges. The Stoch RSI needs to get above 40 as it has not done so yet and this will break SUPRA out of the downtrend. Also the normal RSI is in a downtrend also as you can see. On the chart the 0.03252 yellow line is major resistance as well as the current green trendline keeping SUPRA in a downtrend. The current cross of the Stoch rsi shows an upward move already on the price chart and the estimated target which is exactly where the fib pocket is. If reject there price goes lower to 0.016 Do not forget to smash that rocket like button!
Long
by Pro_Trader_HTBB
4
SUPRA/USDT targeting $0.25A repeat of Supra's recent run would be a 500% return. SUPRA stands out with its high-performance blockchain, capable of 500,000 TPS, making it incredibly scalable for dApps. Its Moonshot Consensus ensures low latency, potentially attracting more developers to its ecosystem. The platform's vertical integration, including native oracles and VRFs, reduces external dependency, enhancing efficiency and security. HyperNova technology offers secure cross-chain communication without bridges, positioning SUPRA as a key player in blockchain interoperability. Significant investor backing fuels further development and ecosystem growth through initiatives like the "Super dApp Showdown." Offering decentralized oracle services within its Layer-1, SUPRA could become essential for DeFi, driving token demand. These features collectively suggest SUPRA/USDT could be a strong hold for those looking at utility and growth in the crypto market.
Long
by CryptoMitchX