Buyers are increasing in IMPT market
IMPT (IMPTUSDT) Price Analysis – January 30
If sellers add additional assets, the important support level of $0.0049 might be broken lower, and the lows of $0.0047 and $0.0045 might be reached. As buyers gather strength, the $0.0052 resistance level may be broken higher, posing a threat to the $0.0055 and $0.0058 levels in IMPT market.
IMPTUSDT Market
Key Levels:
Resistance levels: $0.0052, $0.0055, $0.0058
Support levels: $0.0049, $0.0047, $0.0045
IMPTUSDT Long-term Trend: Bullish
Buyers are prevailing as the upward trend began and they are having control over IMPT market. The price bottomed at the support level of $0.0047. The price remains constant for a few days. As the bulls gained strength, the price broke through the $0.0049 resistance level. It pulled back and retested just mentioned level. It is now trying to surpass the predefined level of $0.0052 after broken up $0.0049 level.
The daily chart indicates that buyers control the market. The price action has produced a double bottom pattern on the daily chart. At the moment, the price is increasing. If sellers add additional assets, the important support level of $0.0049 might be broken lower, and the lows of $0.0047 and $0.0045 might be reached. As buyers gather strength, the $0.0052 resistance level may be broken higher, posing a threat to the $0.0055 and $0.0058 levels. When the QQE MOD’s histogram is larger than zero, it indicates a buy signal.
IMPTUSDT Medium-term Trend: Bullish
IMPT is doing well, according to the 4-hour chart pattern. The bulls have been putting pressure on the cryptocurrency’s performance on the 4-hour chart. after the breakthrough in long-term consolidation. The price keeps rising. The $0.0052 resistance level will be investigated soon. The buyers’ drive halted the sellers, and it is currently targeting the $0.0052 level.
It appears that buyers are in control because the price is trading above the Hull suite crypto signal. When it drops above the zero barrier, the QQE MOD signals a buy.
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