Biconomy Price Prediction:
• Biconomy (BICO) is currently trading at $0.40 with a market cap of $188.3 billion and a circulating supply of 456.9 million.
• The Biconomy price prediction shows that BICO heads to the upside as the coin moves to cross above the upper boundary.
• If buyers manage to keep the bullish momentum, there’s potential for BICO/USD to reach resistance levels at $0.55, $0.60 and $0.65 respectively and for BICOBTC to reach resistance level of 2200 SAT.
Current Market Situation
At the time of writing, BICO/USD is likely to create additional gains as the bulls step into the market heavily. The Biconomy price touches a new high level of $0.47 during the European session today. Meanwhile, if there is short-term selling pressure, Biconomy could tackle it and make a comeback at the level mentioned above.
Bico USD Prediction
According to the daily chart, if there is increased selling pressure then this could bring the price down towards a new low at around $0.39; however if buyers can maintain their bullish momentum then there’s potential for them to push prices up towards key resistance levels of $0.55, $0.60 and $0.65 respectively . If buyers fail then prices may experience a downswing below moving averages while Relative Strength Index (14) remains above 60-level; in this case supports can be found at around $0.30, 025 and 020 should prices cross below lower boundary of channel .
Bico BTC Prediction
Against Bitcoin , Biconomy price heads north as coin touches daily high 2049 SAT , pushing further upwards with help from bulls could take coin across upper boundary of channel ; RSI (14) now seen crossing above 60-level suggesting more bullish signals . Therefore any upward movement above upper boundary may hit resistance level 2200 SAT .
In conclusion , despite slight drops in current market conditions , bullish trend seen with both USD & BTC pairs which could see further increases in value should demand continue . With potential resistance levels identified , investors can anticipate where prices might go next .