Everscale Price Prediction: Will EVER Price Face Rejection Soon?

• As per the Everscale price prediction, the coin is trading at $0.064724 and the coin increased by 0.40% in the last 24 hours.
• EVER coin observed a popular bullish pattern that might show a more upward view soon.
• For the EVER price, the 52-week price bound range is $0.02451169 – $2.56.

The Everscale price prediction shows that the coin might break out soon. It is trying to sustain itself at the current level of $0.064724. This week the coin performed well as it was up by 0.96% and in the month was up by 0.67%. Also, the EVER price was up by 161.36% in the last six months which highlights its good performance. Moreover, the Everscale crypto coin price year-to-date return is negative with an increase of 160.11%.

EVER Price Technical Analysis in 1-D TimeFrame

 

The Everscale price prediction indicates the amount of EVER coin price traded in a day is $3,298,148. It rose by 7.20% since the last day. As observed, it seems that the trading activity is comparatively good in the presence of buyers for the coin also increased significantly. Therefore, it can push the price up. 

The EVER coin respected its significant trendline forming a bullish pattern known as ascending triangle pattern, which highlights that the coin price might go upwards by giving a breakout soon by surpassing the pattern’s upper trendline. However, if the EVER coin succeeds in accumulating more buyers, then it might surge and lead the price above hurdles. 

The EVER price is trading below the 200-day EMA (exponential moving average), which is acting as a hurdle, and trading above the 20, 50 & 100-day EMA which is acting as a support and pushing the EVER price trend upwards. There is a possibility that the worth of the EVER coin will increase even further.

The MACD indicator summarizes the upward momentum of the EVER price. Also, the MACD indicator is in the positive zone above the zero line. The MACD line at 0.003112 and signal line at 0.002956 suggest that the MACD is in positive territory and is giving bullish signals.

The current value of RSI is 68.12 points. The 14 SMA line is currently above the median line at 66.53 points. As the price is going toward overbought territory, the market is witnessing bullish sentiment currently.

Extraction

The Everscale price prediction highlights the sentiments and perspectives of investors and traders regarding the coin price being bullish in the 1D timeframe. The EVER coin price reflects an optimistic view at the time of publishing. The technical parameters of the EVER price suggest the continuation of the uptrend over the daily time frame chart. Major legitimate indicators MACD, RSI, and EMA, flaunt positive signals about the EVER coin.

Technical Levels:

• The nearest support level is $0.053236 & $0.043134.
• The nearest resistance level is $0.068552 & $0.076698.

Disclaimer

In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.