Melon Trading At Bottom Prices (New ATH Possible In 2025)

9 thg 10

Melon (MLNUSDT) is trading at bottom prices and has been moving within a consolidation range since June 2022, a very long time.

Thinking of the long-term, mid- to late 2025, this pair looks good to start accumulating.

The support range that has been activated is the same price at which Melon traded back in late 2020, before a massive 1,465% bullish wave, which is equal to 15X.

Back in 2021, the entire bullish period lasted 336 days. If we consider something similar, from a 2024 bottom to 2025 top, we would be looking for a new high around July 2025. It can happen a few months further down the road as there can be strong variations between cycles. A new All-Time High is also possible even though I am showing conservative targets on the chart.

You can visit the 'Related publications' below for MLNBTC.

Thank you for reading.

Namaste.

18 thg 10

Giao dịch đang hoạt động

This pair is preparing to enter a strong bullish wave.