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Superverse Price Prediction: Will SUPER Bounce Back From 200 EMA?

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Superverse is making a higher high structure and is maintaining its momentum. However, by evaluating the price data of the Superverse crypto, it can be said that it is in an uptrend presently. We can say that Superverse is performing well right now.

The SUPER crypto gives some excellent returns to investors. The current market sentiments are very positive about crypto. Buyers are showing interest in crypto in the present market scenario.

SUPER has performed well so far over the year. Year-to-date it gave outstanding returns of 77.11% and 1247.28% in the span of 6 months. In the last 1 month, it gave a negative return of 6.04% and rose 3.64% in the last seven days, highlighting bearishness.

Technical Analysis Of Superverse Crypto Price In 1-D Timeframe

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Superverse ( USD: SUPER) has seen its crypto price rise steadily for the past three months, gaining 87.13%. At the time of writing, SUPER crypto is trying to hold on to this level after a pullback.

If it can keep this level, the Superverse price could continue to go up and reach the first and second targets of $1.50 and $1,20. However, if the SUPER price cannot maintain this level and falls, then it might hit the closest support levels of $0.79160 and $0.600.

At the time of publishing, Superverse crypto (USD: SUPER) is trading above the 100 and 200-day SMAs (Simple moving averages), which support the price trend. 

However, if buying volume adds up, then the price might conquer the upper levels. Hence, the SUPER price is expected to move upward giving bullish views over the daily time frame chart.

The current value of RSI is 48.41 points. The 14 SMA is above the median line at 41.42 points which indicates that the Superverse crypto is bearish.

The MACD line at -0.04957 and the signal line at -0.06150 are below the zero line. A bullish crossover is observed in the MACD indicator which signals more strength for the SUPER crypto price.

Summary

The Superverse crypto is presently in an uptrend and performing well. It has had a good performance over the year, with outstanding returns of 77.11% and 1247.28% in 6 months. However, in the last 1 month, it gave a negative return of 6.04% and rose 3.64% in the last seven days, indicating a long bearish trend continuing till now. The Superverse price is trying to hold on to its level after a pullback, and if it can keep this level, it could continue to go up and reach first and second targets of $1.50 and $1,20.

Technical Levels

Support Levels: $1.50 and $1,20

Resistance Levels: $0.79160 and $0.600

Disclaimer

This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions

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