- When AGIX price experiences a decrease to the support range of $0.2070 – $0.2025, it can rise with strong buying reactions and advance up to the $0.24 levels.
- However, if the AGIX price closes below the $0.2025 level on a 3-hour basis, it can extend its decline to the $0.1945 levels.
- In order to sustain the upward trend, AGIX should avoid candlestick closures below the $0.1945 support on a 4-hour basis.
The price analysis of AGIX coin provides information to investors about potential movements by focusing on the mentioned support and resistance levels. The $0.2070 – $0.2025 support range and the $0.2096 resistance of AGIX are important critical points, and the price’s closures above or below these levels are of great importance in determining the future trend.
Medium-Term AGIX Analysis
AGIX coin is moving near the $0.2128 – $0.2096 support range. If the AGIX price experiences a decline to the support range in the coming hours, the reactions it receives from this level will be of great importance in terms of trend movement.
However, in the event of a market decline due to FED announcements, there is a possibility of a downward movement below the $0.2096 level in the AGIX price. AGIX coin can undergo a decline below the $0.2096 level to clear long liquidities. Therefore, it is important to wait for daily candlestick closures below the $0.2096 level to confirm a trend change.
If the AGIX price closes below the $0.2096 level on a daily basis, there is a high probability of continuing the downward movement to the $0.1972 levels. Coinotag analysts expect a decline below the $0.2096 level in the coming hours, but they believe that this downward movement will end above the $0.2096 level with a daily candlestick closure. Investors should carefully monitor these important support and resistance levels and determine their trading strategies accordingly.
Short-Term AGIX Price Analysis
If the AGIX price experiences a decrease to the mentioned support range of $0.2070 – $0.2025, it can initiate its rise and reach up to the $0.24 levels with strong buying reactions from this zone.
However, if the AGIX price closes below the $0.2025 level on a 3-hour basis, it can extend its decline to the $0.1945 levels. In order to sustain the upward trend, AGIX should avoid candlestick closures below the $0.1945 support on a 4-hour basis.
If AGIX rises from the mentioned support range, its first target is $0.24 and the next target is $0.26.
