Phantasma (soul) price prediction 2022, 2025 , 2030

5 mins read

Conversely, a drop below an important moving average is usually a sign of weakness in the SOUL market. When analyzing the price of Phantasma to size a for the short or long term, taking both technical and fundamental analysis into tà i khoản is essential. Identifying levels of tư vấn and resistance are often all it takes to start creating a SOUL, at least in the short to mid-term. Horizontal resistance levels can be identified by counting the amount of times a price is tested and rejected on an attempt upwards.

Horizontal support levels can be identified by counting the amount of times a a price tests and bounces from a particular price on the way down. Predicting the price of SOUL can also be useful for determining sell targets if you’re already holding SOUL and wondering where to sell for the highest profit. Phantasma Protocol traders use a variety of tools to try and determine the direction in which the SOUL market is likely to head next. When trying to predict the Phantasma Protocol price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. At TradingBeasts, we do our best to provide accurates for a wide range of digital coins lượt thích Phantasma. We update our predictions daily working with historical data and using a combination of linear and polynomial regressions.

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The areas above and below the dotted lines indicate whether Phantasma is overbought or oversold. The RSI takes into trương mục prior price action and volume to indicate whether there is a shift from buying to selling or selling to buying. In the following image we can see that SOUL has had several interactions with the 1D 200MA which is represented by the bright pink line running through the chart. From this we can assume that this line will remain important in determining the price of Phantasma and creating a short, mid and even long term Phantasma.

Phantasma Protocol Historical Price Performance

Using horizontal resistance and tư vấn levels, moving averages, various indicators and other techniques, you can make an educated on whether the price will go up or down in the next few days, weeks and months. Fundamental analysis should be a part of your analysis when creating your own Phantasma. Researching what the Phantasma Team is doing in the next few months can help you determine whether or not an investment will be profitable after certain events, roadmap goals or milestones are met. Technical analysis holds more weight against fundamental analysis in determining short term SOUL price movements but it’s important to acknowledge upcoming events in the coming weeks and months. As the name suggests, a moving average provides the average closing price for SOUL over a selected time period.

Short

All information on this trang web represent subjective views of the authors and they are solely informational. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the TradingBeasts website. We’ve highlighted three different occasions where SOUL has been overbought or oversold which quickly resulted in a change in overall trend. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice.

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