CandleFocus

Can Bulls Push USUAL Beyond Its 25% Surge?

Author: Content Editor
The cryptocurrency USUAL has experienced a significant increase in value, rising 25% to $1.32 and reaching a market cap of $624.74 million. The trading volume has also increased by 88.76%. The token's fully diluted valuation is $5.27 billion, and the market cap ratio is 160.06%. The total value locked is $1.44 billion, resulting in a market cap ratio of 0.4331. The price is currently above the moving averages, indicating bullish momentum. The Relative Strength Index (RSI) is in the overbought zone, suggesting potential corrections. If the token breaks the resistance level of $1.44, it could target $1.60. Traders should closely monitor the support level of $1.20 and the resistance level of $1.44. The TVL ratio indicates strong fundamentals and implies that USUAL may be undervalued relative to locked assets. Both technical and fundamental metrics should be considered by investors.

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