Berachain's (BERA) price has increased by over 15% in the last 24 hours, reaching a market cap of $800 million. This surge follows a golden cross formation, indicating a potential trend reversal to the upside. The RSI remains in neutral territory, and although the CMF is improving, it is still negative, suggesting cautious sentiment. Resistance is at $9.18 and support at $6.18, and BERA's next moves depend on sustained buying pressure. The RSI has shown a significant increase in buying momentum but remains in neutral territory. If it continues to rise, it could indicate an overbought condition. The CMF is still negative but decreasing, suggesting a potential shift in momentum. The recent golden cross formation and price surge reinforce the bullish outlook, with the potential for BERA to rise to $9.18. However, if the uptrend loses momentum, BERA could retest the support at $6.18 or decline further to $5.48. Confirmation of a trend reversal would require sustained buying volume.
Content Editor ( beincrypto.com )
- 2025-02-26
Berachain (BERA) Eyes $9 After Surging Over 15%
