Scotty The Ai Price Prediction: SCOTTYAIUSDT Price Retracement Eyes the $0.00068 Supply amidst Market Surge
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Scotty The Ai Price Prediction – May 20
SCOTTYAIUSDT price has been trending in the past 24 hours. The price retracement eyes the $0.00068 high level amidst the market surge, sparking new investment among investors. However, the daily candle at the $0.00058 high mark will go further if the current support holds. As a result, the crypto price could see a new surge to hit the $0.00068 barrier level and increase to the $0.00095 upper resistance level as it eyes the higher level, attracting big players to drive the coin price higher.
Technical indicators:
Key Resistance Levels: $0.00068, $0.00069, $0.00070
Key Support Levels: $0.00045, $0.00044, $0.00043
SCOTTYAI/USDT Long-term Trend: Bullish (4H Chart)
Scotty The Ai price retracement eyes a $0.00068 supply, amidst market surge as it remains bullish on the higher time frames. This is evident as prices are trending above the EMA-50.The bulls’ pressure on the coin to the $0.00062 supply value has sustained the price retracement above the resistance trend levels in its recent price high.
Today, after completing the recent lows at $0.00057, the token price experienced a price retracement to the $0.00058 resistance level above the EMA-50 to resume the 4-hourly session.
However, the ongoing price retracement is advancing towards the $0.00068 previous barrier, signaling a possible bullish breakout.
Further, the market is pointing up on the daily stochastic, suggesting that the price retracement may continue.
Hence, the bulls might increase their buying tension and turn around the price of SCOTTYAIUSDT to hit the $0.00095 supply value as the price retracement eyes the upper resistance amidst a market surge in the days ahead in its long-term forecast.
SCOTTYAI/USDT Medium-term Trend: Bullish (1H Chart)
The Scotty Ai buyers are determined to push the coin price higher as the price retracement eyes the crucial level, while the bullish trend begins again in the medium term. The price is facing the overhead resistance level, indicating a bullish momentum.
The cryptocurrency price has been above the supply trend levels since its most recent high due to the persistent bullish pressure over the last few hours.
The coin is experiencing price retracement from the recent correction as fresh buying emerges above the supply level following the upward race.
With the positive sentiment, the SCOTTYAIUSDT price retracement rallied the $0.00058 resistance value above the moving averages as the 1-hourly chart opens today.
Thus, a possible breakout from the $0.00058 neckline will accelerate the buying momentum and push the prices to hit the 0.00072 previous resistance levels, bolstering more buying pressure on the crypto to the upper resistance levels, amidst market surges.
Meanwhile, the Scotty Ai pair has a target price of $0.00095 supply level amidst the market surge as it continues its price retracement to the upper resistance, indicated by the daily stochastic pointing upwards. Hence, the mentioned target might be reached in the coming days in its medium-term perspective.
The first time on Scotty V1, $SCOTTY’s market capitalization exceeded $100 million! What is it capable of doing this time?
$SCOTTY surpassed $100 million market cap the first time around on Scotty V1! What can it do this time around? 🤔
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