Mind Network (FHEUSD) Price Is Rising and This May Continue

Mind Network (FHEUSD) Price Forecast: December 16

The FHEUSD price is positive today. The pair is rising, and this trend is likely to continue moving higher above the current resistance level of $0.0759 if buyers exert more force on the price action in the market. The coin presents a potential buy opportunity. A retest at the prior peak resistance of $0.0889 will likely improve market sentiment and increase investors’ interest in the coin. Hence, the $0.0890 upper resistance might be reached, resulting in an intraday gain for the coin buyers.

Key Levels:
Resistance Levels: $0.0758, $0.0759, $0.0760
Support Levels:    $0.0338, $0.0337, $0.0336

FHE (USD) Long-term Trend: Bullish (4H Chart)

The Mind Network price is rising. The pair appears attractive to buy, displaying a bullish momentum rally above the supply level.
The chart shows that the coin is close to the upper resistance channel, suggesting another opportunity to buy the asset and a turnaround for coin investors.

The coin has been in a rising pattern, making higher highs and higher lows in previous actions; this has enabled the price to continue rising lately.

At the time of writing this article, the bulls caused a rise to the $0.0759 level above the moving averages as the 4-hourly chart opens today, indicating that the crypto price is rising.

Thus, a potential breakout above the $0.0889 prior peak value will provide buyers with more options and extend the current rally.

Furthermore, the price may continue its upward voyage as indicated by the price indicator, suggesting an uptrend.

If the price of FHEUSD can break above the mentioned supply value, we can expect the price to reach the upper resistance level of $0.0890 as it continues rising in its long-term outlook.

FHE (USD) Medium-term Trend: Bullish (1H Chart)

The coin also indicates a rising pattern, and this may continue in its medium term. This is clear as we can see the prices trending up above the EMA-50.
The bullish pressure in the past few minutes has sustained the coin price above the supply trend lines in its recent high.

The bulls increase their pressure and move the market price of Mind Network to a $0.0759 high level as the 1-hour chart opens today.

This makes it possible for the coin to continue rising and remain positive for a BUY position.

The coin price is edging closer to the overhead; therefore, sustainability above the $0.0889 previous high level would render any intended bearish move invalid.

Additionally, the FHEUSD price is rising, as suggested by the daily signal, which remains in an upward trend.

If buying pressure increases, there may be a potential rise in the crypto price, and this might retest the previous high and extend to meet the upper resistance level of $0.0890 as the coin continues its rising trend in its medium-term perspective.

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