SuperFarm is a massively multiplayer online farming game with a lot of potential. It has been around for over 10 years and has seen its fair share of ups and downs. In this article, we will examine the price prediction for 2021 to see if SUPER can hit $3 soon.
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- The price range for a bullish SUPER forecast is $0.95 to $2.92.
- It’s possible that the SUPER price could soon exceed $3.
- The market price forecast for 2021 is $0.29, which is SUPER pessimistic.
We utilize data, price trends, ADX, and other information about SUPER to evaluate the cryptocurrency’s future movement in SuperFarm (SUPER) price forecast 2021.
SuperFarm (SUPER) is a cross-chain decentralized finance (DeFi) platform that allows users to create new non-fungible tokens (NFTs) without having to develop them. SuperFarm was created to provide any token usefulness by converting it into an NFT farm without the need for coding. SuperFarm will also serve as a bridge between the crypto and gaming industries.
At the time of writing, the price of SuperFarm (SUPER) was $0.7792, with a 24-hour trading volume of $29,792,906 according to CoinGecko. SUPER, on the other hand, has down 0.78 percent in the past 24 hours.
Furthermore, the circulating supply of SUPER is 101,909,750.00SUPER. SUPER is currently traded on Binance, Hotcoin Global, HitBTC, ZT, and Gate.io, among other cryptocurrency exchanges.
Price Prediction for SuperFarm (SUPER) in 2021
SuperFarm (SUPER) is currently ranked 231st on CoinGecko. With a daily time period, SUPER price forecast 2021 is discussed below.
SUPER/USDT Daily Time Frame Price Chart (Source: TradingView)
The Descending Channel patterns are shown in the graph above. The price movement that happens between the upward and downward trendlines is known as the descending channel pattern. This price trend is also characterized by lower highs and lows.
If the bullish trend continues, SUPER may hit $4.70 on the daily time frame chart. Otherwise, if the SUPER price breaks through the $1.52 resistance level, it will fall to the next support level at $0.35. As a result, the SUPER’s trend is dependent on the breakout.
Support and Resistance Levels for SuperFarm (SUPER)
The support and resistance levels for SUPER are shown in the chart below.
Support and Resistance Levels for SUPER/USDT (Source: TradingView)
The resistance and support levels of SUPER are clearly visible in the above daily time frames.
- $0.95 is the first level of resistance.
- $1.50 for Level 2 Resistance
- $2.92 – Level 3 Resistance
- Level 1 Support – $0.52
- Level 2 Support – $0.29
SUPER has been on a bullish trend for the last month, according to the charts. If the current trend continues, SUPER may join the bulls and break over the $2.92 barrier mark.
In the event that investors turn against crypto, the price of SUPER may drop to almost $0.29, indicating a negative indication.
Average Directional Index for SuperFarm (SUPER) (ADX)
Let’s take a look at SUPER’s average directional index (ADX). The ADX indicator aids traders in determining the strength of a trend rather than its exact direction. It may be used to see whether the market is shifting or if a new trend is about to emerge. It does, however, have a connection to the Directional Movement Index.
Furthermore, the oscillators have a range of 0 to 100. A high number also suggests a strong trend, while a low value shows a weak trend. It’s often used in tandem with direction indicators.
The ADX of SUPER remains above the range of 34.818 in the preceding chart, indicating a strong trend.
Conclusion
SUPER is one of the cryptos that has managed to hold its footing in a negative market. Our long-term SUPER price forecast for 2021 is also optimistic. This year, it has a good chance of surpassing its current all-time high (ATH) of $4.74. This will only happen if SUPER is able to overcome numerous previous psychological barriers.
Furthermore, the SUPER environment may have a bright future ahead of it in 2021, thanks to continuous improvements and enhancements. It may soon reach $2.92 and even higher levels, but it is more likely to hit $3 if investors believe SUPER is a solid investment in 2021.
Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
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Our Founder and Chief Enthusiast: With a background that’s a wild mix of tech enthusiasm, finance, and a short stint believing blockchain was a new martial arts technique, Matej is the heart and soul of TheBlockchainBrief.com. He’s got more passion for cryptocurrency than most people have for coffee, and that’s saying something.