Price Analysis of Shoppi Coin (SHOP) and SymVerse (SYM)

The price for Shoppi Coin (SHOP) has surged to a point where things are looking brighter for the investors looking for a positive trend. The 185.93% growth rate has brought Shoppi Coin’s price up to $0.004266 per SHOP.

If the investors carry on with their strong support for Shoppi Coin, its price may grow up to $0.008318. The trendline for Shoppi Coin has been growing higher and moving more into the positive territory.

As of now, $0.008318 is the first strong resistance mark for Shoppi Coin. If the sentiments of the investors turn bullish, then the price of Shoppi Coin may grow higher.

There is a strong possibility that the investors grow curious about checking how far they can go in elevating the price of Shoppi Coin. If the investors are successful, then the price of Shoppi Coin may grow up to $0.01206.

After hitting the $0.01206 per SHOP mark, the bears may not have the confidence of trying and pushing the bears in a corner. This would help elevate the value of Shoppi Coin up to $.01507.

Although it is highly unlikely to happen, if the bears are showing greater interest in Shoppi Coin than the bulls, then they may increase their selling power. If the selling power is increased, then the power of Shoppi Coin may be pushed all the way down to $0.004001.

If the selling power of the bears continues growing, then the power of Shoppi Coin may end up getting beaten down to $0.003854.

SymVerse (SYM) has also gotten the opportunity of showing its potential to the entire investors’ community. This has been made possible by the strong rally that has been demonstrated by the bulls. The rally being observed by the bulls in the past 24-hours is 166.05%.

This has helped in pushing the price of SymVerse up to $0.05863 per SYM and things are not going to end here. It is being expected that the price of SymVerse may grow up to $0.1026. The performance scale for SYM currently shows that the investors may continue showing high sentiments.

They may increase their buying efforts along the road to push SymVerse’s price even higher. The rally from the investors’ end may push SymVerse’s price all the way up to $0.1487 and then to $0.1864.

If the trendline for SymVerse falls into the bearish zone and keeps dipping, then the investors would start selling SymVerse to avoid losses. This would result in dipping the trading volume for SymVerse, bringing it down to $0.03648.

If the bears start winning every duel against the bulls, they will succeed in sinking SymVerse’s price deeper. This would result in bulling the price of SymVerse down to $0.01647 per SYM.

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