- QOM price continues with strong momentum after the breakout with double-digit gains for stockholders.
- QOM is trading just above key resistance as price ranges above the 8 and 20 day exponential moving average.
- QOM price is struggling to turn key resistance into support.
Recently loved memecoin on the Ethereum (ETH) network, Shiba Predator (QOM), Shiba Predator (QOM), tends to outperform Shiba Inu and other memecoin after showing a massive rally at $0.0000004, winning the hearts of many after a rally that lasted a few months but could do so . It is set to repeat this step. All indicators and patterns are indicating that the Shiba Predator (QOM) price could be ready to rise.
Shiba Predator (QOM) price analysis on the weekly chart.
Despite struggling to break above $0.0000000445 in recent weeks, the price was rejected and continued with a range-limited move as the price is preparing for an upward move to the $0.00000007 region. QOM price found its weekly support at $0.0000000440 after the price fell more than 70% in the past few weeks as the current market did not give QOM room to trend.
There is no doubt that QOM price will show great strength when the current market condition recovers from its bearish condition. QOM continues to range with little volume to break this structure as price is up 17%.
After seeing its price retest the weekly low of $0.0000000440, QOM price recently rose to the $0.0000000750 area but was rejected in an attempt to break higher until the price heads into the trend. QOM price has held a range bound movement for quite some time now and could be preparing for a big rally.
The weekly resistance for Qom price – 0.0000000750 dollars.
QOM Weekly Support – $0.0000000440.
QOM Price Analysis on the Daily Chart (1D)
On the daily time frame, QOM price continues to show strength as the price made a 17% gain although the market is looking to pause in the price action. QOM aims to move higher to $0.0000000750 after the successful breakout of the range channel formed by its price.
QOM price is currently trading at $0.0000000400, just above the 8 and 20 day exponential moving average (EMA). The price of $0.0000000390 corresponds to the price at 8 and 20 days of the exponential moving average of QOM on the daily time frame.
QOM price needs to hold this area at $0.000000045 with a good volume of QOM price to take the price to $0.0000000770 area.
FLOKI daily resistance – $0.00000000770.
FLOKI daily support – $0.0000000400.
Featured Image From Zipmex, Charts From Tradingview Originally published at San Jose News Bulletin
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