SingularityNet (AGIXUSD) Next Price Target is the $0.800 Supply Mark
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SingularityNet (AGIXUSD) Price Forecast: March 3
AGIXUSD price next target might be the $0.800 supply mark. The coin is hovering above the moving averages at the moment. If the bulls disagree with the bears and increase their strength the coin price could jump up and closes above the $0.600 high level, further bearishness would be invalidated and the price could hit the $0.800 supply level.
Key Levels
Resistance Levels: $0.5000, $0.600, $0.7000
Support Levels: $0.2100, $0.2000, $0.1900
AGIX (USD) Long-term Trend: Bullish (Daily Chart)
The SingularityNet price is in a bullish market at the moment in the higher time frame, this is due to the high impact of the buy traders in the order flow. Further, the price action can be seen above the two EMAs.
The sustained bullish pressure pushed the currency pair up to the $0.559 supply level during yesterday’s session and sustained it. This has made it capable for the coin to remain firm in an uptrend.
Meanwhile, the current price at a $0.493 low value above the supply trend lines has not stale the market condition of the crypto. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Hence, should the bulls exchange hands with the sell traders and close above the $0.600 resistance value, additional intraday gains would be recorded for the buy investors, and the AGIXUSD next price target could be the $0.800 resistance level in the coming days in its long-term outlook.
AGIX (USD) Medium-term Trend: Bullish (4H Chart)
The AGIXUSD pair is bullish in its medium-term perspective. This is due to the bullish impact on the market.
The high order flow from the buy traders in the past few hours has led to the bullishness of the SingularityNet market.
Today, the buy traders made a correction to a $0.516 supply value above the moving averages to resume its uptrend. This indicates an established bull trend.
Thus, it is very likely that the bulls will continue rising as we are seeing a bullish correction in place at the present.
Meanwhile, there is a possibility of more upsides as indicated by the price signal which is pointing upwards to indicate an upward momentum. Therefore, the bulls should add more effort to the tension in the market. The next bullish trend line target could be the $0.800 supply mark in the days to come in its long-term perspective.
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