CandleFocus Can BGB Reach $5 Before a Possible Pullback?
2024-12-17
Author: Content Editor
The price of Bitget Token (BGB) has surged by 11% in the past 24 hours, reaching an all-time high of $3.65. This has led to a monthly gain of 162%, with the token currently trading at $3.62. Analysts have identified resistance levels at $4.08 and $4.44, with support at $2.903. The token's surge is in line with Bitcoin's recent breakout to a new all-time high of $107,000, which has created positive momentum in the cryptocurrency market. However, caution is advised due to overbought RSI levels and potential short-term volatility. Nevertheless, the long-term outlook for BGB remains optimistic.
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