Will UNIBOT Price Reach Yet Another New All-Time High?
– The UNIBOT price has increased by over 1,900% since its listing on July 21.
– The price reached a new all-time high of $203 on July 28.
– The $200 area has been identified as a resistance level, causing a triple-top pattern.
– However, an ascending support line suggests a bullish pattern.
– The RSI indicates a bullish trend with readings above 50 and increasing.
UNIBOT Price Prediction: What Happens if it Breaks Out?
– Fibonacci retracement levels suggest potential targets for future upward movements.
– If UNIBOT breaks out, the next resistance will be at $266, a nearly 40% increase.
– A daily close above the $200 area is needed to confirm the breakout.
– If rejected, the price could drop by 38% to the ascending support line at $120.
– The future trend will depend on whether the price breaks out or gets rejected.
Hot Take
The UNIBOT price is at a critical point, with the $200 resistance area determining its future trend. If it breaks out, the price could see a significant increase to $266. However, if it gets rejected, a drop to $120 is expected. Traders should closely monitor the price action around the $200 area to make informed decisions.
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