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The Echelon Prime token has recorded a moderate price increase today, currently ranking second on the list of top crypto gainers at the time of writing. The token has experienced approximately 9% price growth. While this may not seem like much, it could lead to more significant gains. Let’s take a closer look.
PRIME Statistics
Current Price: $3.112
Market Capitalization: $111.47M
Circulating Supply: 35.77M
Total Supply: 111.11M
CoinMarketCap Rank: 321
Key Price Levels
Resistance: $3.500, $4.000, $4.500
Support: $3.000, $2.500, $2.000
Echelon Prime Continues to Record Moderate Gains
The PRIME token has continued to perform fairly well. It has remained in the green, resulting in a continued modest price increase. The latest price candle on the chart tests the 50-day Moving Average (MA) line.
Additionally, this candle has a short upper shadow, indicating that although downward pressure exists, it is currently being overcome. Furthermore, the Stochastic Rate of Change (SROC) indicator remains below the equilibrium level but shows a smooth upward trajectory. This supports the possibility of further price increases in the market.
PRIME May Hit the $3.500 Mark
On the Echelon Prime 4-hour chart, price action appears ready to move higher, at least toward nearby short-term resistance levels. Here, trading activity has remained above all the MA lines. Although the most recent price candle is red—indicating resistance—it appears compressed, suggesting that upward momentum is pushing back against selling pressure.
Additionally, the SROC has been hovering around the equilibrium level but now appears to be trending upward. As a result, further price increases toward the $3.500 level may be anticipated.
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