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Unicorn Fart Dust Price Prediction: UFD Soars 22%

Unicorn Fart Dust Price Prediction: UFD Soars 22%

InsidebitcoinInsidebitcoin2025/01/13 23:22
By:Insidebitcoin
 

The Unicorn Fart Dust price has soared 22% in the last 24 hours to trade at 0.1907 as of 4:00 a.m. EST on a 48% pump in trading volume to $42.7 Million.

Unicorn Fart Dust Price Suggests An Impending Bullish Rally

The UFD/USD chart on the 30-minute timeframe highlights a crucial phase in price movement, blending periods of consolidation, breakout, and support testing. Currently, the price is trading at $0.1907 , and is positioned slightly below the 50-period Simple Moving Average (SMA 50), which serves as immediate resistance at $0.1943.

Below, the 200-period SMA, situated at $0.1414, provides a technical safety net and long-term support. The wide gap between these two SMAs highlights the broader bullish trend, even as the price undergoes a temporary retracement.

Recent price action reveals a well-defined support zone between $0.18 and $0.19, where buyers have previously stepped in, while the major resistance zone at $0.28–$0.30 represents a key area where selling pressure has repeatedly halted upward momentum.

The Unicorn Fart Dust price moved in a consolidation range between $0.12 and $0.14 in the earlier phases, reflecting market indecision. This consolidation provided a solid base for the subsequent rally, which led to an aggressive breakout to $0.28 before facing resistance. The ongoing retracement to the support zone suggests that the market is testing the strength of buyers at current levels. If this zone holds, it could be a springboard for a fresh bullish rally.

Unicorn Fart Dust Price Prediction: UFD Soars 22% image 0

UFD/USD Analysis Source: Dextools.io

Unicorn Fart Dust Price: Bulls Eye The $0.28 Resistance

The Moving Average Convergence Divergence (MACD) reflects short-term bearish momentum. The average line is at -0.0019, below the signal line at 0.0004, indicating a bearish crossover. However, the shrinking bearish histogram bars suggest that bearish momentum is weakening, which could pave the way for a potential bullish reversal.

Meanwhile, the RSI stands at 45.78, slightly below the neutral level of 50. This reflects a modest bearish bias, but the RSI is not in the oversold territory, leaving ample room for recovery.

A successful bounce from this level, accompanied by a break above $0.1943 (50-period SMA), could trigger a strong rally toward the $0.28–$0.30 resistance zone. Such a move would confirm the continuation of the broader bullish trend.

On the downside, if the price fails to hold the $0.18 support, it could trigger a deeper correction toward the $0.14 level, where the 200-period SMA would likely provide substantial support.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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