- SPACE ID Growth and Dominance
- Triangle Breakout and Technical Analysis
- Reaching $1: Opportunities and Forecasts
SPACE ID has shown significant growth in recent days and attracted investors' attention. Let's look at the key points of the current situation around the SPACE ID token.
SPACE ID Growth and Dominance
With a market cap of $330 million, the SPACE ID token maintains a dominant position, trading above the $0.40 mark. Over the past 24 hours, it has risen more than 10% with trading volume increasing by nearly 900%, reaching $107 million.
Triangle Breakout and Technical Analysis
Despite more than 500% gains in early 2024, the SPACE ID token price dropped from $1.72 to $0.31. During the consolidation phase, the token fluctuated between $0.64 and $0.85, matching the 23.60% and 38.20% Fibonacci levels. The current period shows a triangle breakout and a price above the 50-day EMA. The token is trading at $0.42, up 8.97%.
Reaching $1: Opportunities and Forecasts
Over the past ten days, the token price increased by nearly 30%. Breaking a key level could lead to growth to the 23.60% Fibonacci level at $0.85, and further to the psychological mark of $1.00. Thus, a potential growth of 150% is expected.
The SPACE ID token shows positive dynamics and has the potential for further growth. Investors will closely follow the situation and market opportunities.
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