The Goatseus Maximus price has plunged 9% in the last 24 hours to trade at $1.05 as of 6:30 a.m. EST on a 16% jump in trading volume to $417 million.
The Goatseus Maximus price is showing signs of recovery after a sharp decline on Monday, with the token rising 9% in the last 24 hours to trade at $1.05 as of 6:30 a.m. EST. However, the price also dropped 16% over the past week, impacted by broader market weakness.
Despite the recent downturn, Goatseus Maximus has outperformed many other cryptocurrencies in 2024, with the token surging over 1,100% year-to-date. This impressive rally has put Goatseus Maximus among the top gainers in the crypto market.
The Goatseus Maximus price now appears to be forming a double bottom pattern on the one-hour chart, which could signal a potential bullish reversal. The price has found strong support at around $1.00, where it has bounced twice in recent days.
If the bullish momentum continues to build, the Goatseus Maximus price could attempt to break past the 50-period moving average (MA) at $1.14840, which would open the door for further gains. The next major resistance level is seen at $1.10.
On the downside, a failure to hold the $1.00 support could trigger a bearish retracement, with prices potentially falling to around $0.95 or lower.
Analysis of Goatseus Maximus Prices Surging 9% After Monday's Sell-Off, Double Bottom Pattern In Sight on 21/11/2024.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
