Echelon

Echelon Prime

2024

Prime

April

<ul class="list-ic vertical">
 <li><span>1</span> <a>PRIME crypto’s price bounced back after retracing the 50-day exponential moving average.</a></li>
 <li><span>2</span> <a>When writing, the Echelon Prime crypto was up nearly 1.27% and was trading close to $19.38.&nbsp;</a></li>
</ul>
<p>The PRIME crypto has been trading swiftly in Intraday on Monday, adding over 1.27% to its market capitalization. The current market capitalization has surpassed the $693.4 million mark and ranks 110th in the overall crypto market.&nbsp;</p>
<p>The Echelon Prime crypto experienced volatility the previous week, with major ups and downs. In the initial sessions, there was a selling pressure. However, in the later sessions, the bulls seemed to have returned, and the price rebounded after retracing the 50-day EMA.</p>
<p>The question on everyone’s minds now is whether the bulls can continue to gain momentum this week.&nbsp;</p>
<h2 class="wp-block-heading" id="strong-can-bulls-keep-gaining-this-week-strong"><strong>Can Bulls Keep Gaining This Week?</strong></h2>
<p>The last week saw a recovery in the later sessions. The bulls might try to capitalize on this week and reclaim the previous high, but they require volume inflow support to do so.</p> <iframe loading="lazy" title="Santiment Chart: Price (PRIME), Price Volatility 1w (PRIME), Volume (PRIME)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=echelon-prime&amp;pt=PRIME&amp;df=2023-12-09T00%3A00%3A00.000Z&amp;dt=2024-04-22T18%3A29%3A59.915Z&amp;sat=shchcfg_0fkcqXWOckcn&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3Bprice_volatility_1w%3Bvolume_usd&amp;wax=0%3B1%3B2&amp;wc=%2333bd5d%3B%23FF5B5B%3B%238b97ce&amp;ws=%7B%22node%22%3A%22area%22%7D%3B%3B" scrolling="no"></iframe>
<p>The PRIME crypto has been trading slightly higher in Intraday today. However, the volume inflow has dropped by almost 22.06% in intraday today. This decrease in volume inflow contradicts the possibility of a resurgence. The intraday volume received was $5.363 million.</p>
<p>Both short-term and long-term trend outlooks are bullish, which may drive the overall trend on the higher side. However, volume support is required to push the price further.&nbsp;</p>
<h2 class="wp-block-heading" id="strong-social-sentiment-keep-growing-strong"><strong>Social Sentiment Keep Growing?</strong></h2> <iframe loading="lazy" title="Santiment Chart: Social Dominance (PRIME), Social Volume (PRIME)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=echelon-prime&amp;pt=PRIME&amp;df=2023-12-09T00%3A00%3A00.000Z&amp;dt=2024-04-22T18%3A29%3A59.915Z&amp;sat=shchcfg_0fkcqXWOckcn&amp;emcg=1&amp;emhwm=1&amp;wm=social_dominance_total%3Bsocial_volume_total&amp;wax=0%3B1&amp;wc=%235275FF%3B%2368DBF4&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p>The social sentiment tools, such as social volume and social dominance, provide valuable insights into the shifts in the behavior of social media users regarding the Echelon Prime cryptocurrency.&nbsp;</p>
<p>These tools help analyze user activity across various platforms, including Twitter, Telegram, Instagram, and others. The social media activity informs about any updates or changes occurring within the cryptocurrency community.</p>
<p>Moreover, the social activity chart displays that PRIME crypto’s social dominance and social volume have drawn a positive curve in the short term. This upward trend is a promising sign, indicating a healthy growth in the number of social users interested in the Echelon Prime cryptocurrency.</p>
<h2 class="wp-block-heading" id="strong-prime-crypto-price-prediction-april-2024-strong"><strong>Prime Crypto Price Prediction April 2024</strong></h2> 
<p><a href="https://in.tradingview.com/chart/PRIMEUSD/GHPOENfP-Can-the-50-EMA-Spark-a-Bullish-Resurgence-For-PRIME-Crypto/" rel="noopener noreferrer nofollow"> </a> <a href="https://in.tradingview.com/u/Ritika_TCR/" rel="noopener noreferrer nofollow"> </a> <a href="https://in.tradingview.com/" rel="noopener noreferrer nofollow"> </a></p> 
<p>The PRIME crypto price prediction for April 2024 shows that the <a href="https://www.thecoinrepublic.com/2024/04/21/avax-price-witnessed-rebound-will-bulls-retain-the-50-mark/" target="_blank" rel="noopener noreferrer nofollow">price </a>may advance to a high of $27.9 if buyers are able to hold the price above the 20-day exponential moving average. On the other hand, the less optimistic analysts estimate a price target of $13.89 on the lower side after the breakdown below $17.52 and 50 EMA.&nbsp;&nbsp;&nbsp;</p>
<h3 class="wp-block-heading" id="strong-conclusion-strong"><strong>Conclusion</strong></h3>
<p>The PRIME crypto has been trading with volatility but has added over 1.27% to its value. The market capitalization has surpassed $693.4 million and ranks 110th in the crypto market. Both short-term and long-term trend outlooks are bullish, but volume support is required to push the price further.&nbsp;</p>
<p>Social sentiment tools indicate a healthy growth in the number of social users interested in the Echelon Prime cryptocurrency. The PRIME crypto price prediction for April 2024 shows that the crypto may advance to a high of $27.9, while less optimistic analysts estimate a price target of $13.89.</p>
<h4 class="wp-block-heading"><strong>Technical levels</strong></h4>
<ul>
 <li>Support levels: $17.52 and $13.89</li>
 <li>Resistance levels: $21.72 and $27.9</li>
</ul>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

Can the 50 EMA Spark a Bullish Resurgence for PRIME Crypto?

Table of Contents

Thecoinrepublic.com

Другие статьи, опубликованные 22 апр. 2024 г.

Kelexo (KLXO) Provides a Haven for TRON (TRX) & Stellar (XLM) Holders Looking for Security and Hi...

Surging past $66K, Is Bitcoin Showcasing Bullish Signs Once More?

RFK Jr. Proposes U.S. Budget Transparency with Blockchain

Ethereum Spot ETFs Approval Skepticism Persists, As ETH Recovers

Bitcoin Consolidates Above $66,000 Following Post-Halving Pressure! Here’s What To Expect Next

AI Crypto Race: New Crypto Raboo Draws Investors Away from The Graph and Injective

Join our free newsletter for daily crypto updates!