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AGIX Coin Price Prediction: Can it Experience a 20% Increase? August 25 AGIX Analysis

  • AGIX is trading in the support range of $0.1728 – $0.1697 – $0.167 on the 2-hour chart. If there is a buying reaction from these supports, an uptrend may begin.
  • On the daily chart, there was an upward movement with strong buying from the support range of $0.17 – $0.165. It could be a positive sign if the price stays above this range.
  • If the price falls below the $0.16 level, the downtrend may continue. Daily closings and support/resistance levels should be closely monitored.

When the daily technical chart of AGIX is examined, it is observed that there is an upward movement with strong buying in the critical support range of $0.17 – $0.165. The price advanced to $0.178. If the price closes above the support range of $0.17 – $0.165 on a daily basis, it can continue its upward movement.

Medium-Term AGIX Analysis

Daily AGIX/USD Price Chart
Daily AGIX/USD Price Chart

When the daily technical chart of AGIX is examined, it is observed that there is an upward movement with strong buying in the critical support range of $0.17 – $0.165. The price advanced to $0.178.

If the AGIX price continues to close above the support range of $0.17 – $0.165 on a daily basis, it can start its upward movement from this range and reach its target levels. If daily closings above the $0.193 level are achieved, the resistance range of $0.211 – $0.218 can be the next target.

As long as Agix coin trades above the blue region, the above targets remain valid, while daily closings below the $0.16 level carry the possibility of continuing the downtrend.

Short-Term AGIX Price Analysis

2-Hour AGIX/USD Price Chart
2-Hour AGIX/USD Price Chart

When the 2-hour technical chart of AGIX is examined, it is seen that the price is trading near the support range of $0.1728 – $0.1697 – $0.167. If the AGIX price experiences a decline to these support ranges and receives strong buying reactions from these areas, it has the potential to start the uptrend from this range.

If Agix starts to rise in the mentioned support range, we can observe the first target at $0.184. If the price closes above $0.1848 for 2 hours, the next target could be $0.194.

However, if the AGIX price closes below the $0.167 level for 2 hours, it is possible for the downtrend to continue and reach the $0.1620 level. If AGIX closes below the $0.16 level for 2 hours, it can continue its decline towards $0.1560.

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Lucien Renard
Lucien Renardhttps://en.coinotag.com/
Lucien Renard is a 24-year-old writer specializing in cryptocurrency analysis and price action. With a focus on technical analysis, Lucien provides valuable insights into market trends and potential opportunities for investors.
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