✴️ Aergo | Long-Term Moving Averages (175% Next Target)

The last low was hit August '23, a lower low by a hair compared to December 2022.

Before December the main lows happened in May and June 2022. Aergo is currently above all these levels.

Aergo is actually trading above these levels and all the long-term EMAs.
EMA100 (blue), EMA200 (purple), EMA300 (grey) and MA200 (black).

Just recently, 15-October, AERGOUSDT managed to conquered these levels as resistance, tested them as support and now ready to challenge higher resistance levels; up.

Aergo is trading above all the long-term EMAs.
👉 As potential targets we have 0.2355 for 97% and 0.3300 for 175%.
👉 This can happen short- (within 1 months) to medium-term (within 3 months).

There can be higher prices but it really depends on how this bullish wave goes.
I am not quite familiar with this Altcoin so we go conservative and with the chart.

Namaste.

Kommentera:

Aergo produces a very strong breakout today, likely to see more within todays session:

The weekly timeframe shows the long-term potential, we can see EMA100 being left behind and the new/higher targets:

Enjoy the profits.