Echelon Prime (PRIME) Climbs Higher - learn2trade
Login

Echelon Prime (PRIME) Climbs Higher

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more



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 (PRIME) Climbs Higher

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.

Make money without lifting your fingers: Start trading smarter today

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News