Beam (BEAMUSD) Looks Good to Buy at $0.00872 Resistance Value
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Beam (BEAMUSD) Looks Good to Buy at $0.00872 Resistance Value

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Azeez Mustapha

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Beam (BEAMUSD) Price Forecast: August 12

BEAMUSD is positive again today. The cryptocurrency currently appears to be a good buy at the $0.00872 price level, given its bullish sentiment, as it approaches the upper range. There is a possibility that the crypto will swing higher and test the supply level of $0.0104 if the bulls increase their pressure. Hence, the bullish correction phase might extend to meet the resistance at the $0.0110 upper high level, reflecting promising growth.

Key Levels:
Resistance Levels: $0.00871, $0.00873, $0.00874
Support Levels:    $0.00423, $0.00422, $0.00421

BEAM (USD) Long-term Trend: Bullish (Daily Chart)

In the long run, BEAMUSD is bullish and shows a higher tendency to buy, making it a smart investment, with huge volume from the bulls, trading above the $0.00870 level.
Beam (BEAMUSD) Looks Good to Buy at <img fetchpriority=.00872 Resistance Value" width="1281" height="522" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/08/BEAM-TUE-LNT.png"/> The coin market has appeared attractive to buyers at its recent high due to the bulls’ persistent order flow to the $0.00852 supply level in the last session.

As the daily session begins today, the bulls’ activity pushes the price of Beam above the supply trend levels. The price rises to the $0.00872 resistance level.

Provided there is strong purchasing pressure and optimistic market sentiment, the token has the ability to rise further and retest the $0.0104 previous barrier as it continues trending up, providing vigorous resistance to the coin price.

Additionally, the currency will appear to be a decent investment if buyers can hold above the $0.0104 high point and close a candle above the indicated resistance.

As a result, the Beam price could turn upside to hit the $0.0110 resistance value in its long-term outlook.

BEAM (USD) Medium-term Trend: Bullish (4H Chart)

The Beam market remains in a bullish trend and appears good for buy traders in its medium-term outlook. Further, the coin prices are traded above the EMA-50, confirming a bullish trend.
Beam (BEAMUSD) Looks Good to Buy at <img decoding=.00872 Resistance Value" width="1281" height="522" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/08/BEAM-TUE-MDT.png"/> The coin has been having an interference with the long traders, which enabled it to maintain an upward strength lately.

On the 4-hourly chart today, there is a broader recovery in the prices. The crypto price jumped to a $0.00872 supply level above the moving averages as the bulls took to their stand in the market.

However, this positive correction signals a slow recovery in market mood and drives up the price of more intraday gains.

Furthermore, the stochastic oscillator going upward indicates further upside, even though the BEAMUSD appears like a smart investment.

Based on the current situation, the bullish rally may soon reach the high value of $0.0110 on the lower time frame.

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