Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Could SuperVerse (SUPER) break above $1.60 and trigger the next bull market?
ALTCOIN NEWS

Could SuperVerse (SUPER) break above $1.60 and trigger the next bull market?

By Crypto FlexsOctober 16, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Could SuperVerse (SUPER) break above .60 and trigger the next bull market?
Share
Facebook Twitter LinkedIn Pinterest Email
  • SUPER broke the $1.11 resistance level, but RSI overbought suggests a potential near-term decline.
  • Increasing social dominance and public attention suggest continued momentum, but the MVRV ratio poses risks.

Super Bus (SUPER) It has caught the attention of investors, rising 11.62% in the past 24 hours and trading at $1.39 at press time.

With a market cap of $677.28 million and a 54% surge in trading volume, the token is showing strong momentum.

The problem still remains. Could this bullish trend push SUPER above key resistance levels and trigger a broader bounce in the cryptocurrency space?

Bullish indicator appears

SUPER recently broke the resistance level of $1.11 and rose towards $1.39. Bollinger Bands indicate increasing volatility, which suggests that SUPER may be prepared for further price movement.

The next major hurdle is $1.60, a breach of which could open the door to a rise above $1.80.

However, it is important to note that RSI remained at 78.05 as of press time. This suggests that SUPER is in overbought territory.

As a result, there may be short-term selling pressure as investors try to take profits. Therefore, while the trend remains strong, traders should watch out for potential downsides before the next step up.

Super technical analysis

Source: TradingView

This supports the growth of SUPER

Additionally, SUPER’s social dominance soars to 0.167%, showing that it is trending across social media platforms.

This increased interest from the cryptocurrency community can often be associated with further price movements. As the hype builds, more retail investors are likely to enter the market, potentially pushing prices higher.

But social dominance alone may not be enough to maintain momentum. Therefore, investors should monitor social trends to gauge whether SUPER can sustain renewed interest.

super social dominancesuper social dominance

Source: Santiment

The MVRV ratio indicates potential risk.

Another important indicator to consider is SUPER’s MVRV ratio, which rose to 376.87%. This means that many holders are enjoying significant unrealized profits, which could lead to selling pressure.

As a result, SUPER may experience a short-term correction before resuming its upward trend.

Source: Santiment

institutional participation

Additionally, open interest on SUPER increased 18.97% to $25.4 million. This increase suggests increased interest in the token by institutional players.

These capital inflows could provide the support needed for a sustained rally, even if a short-term correction occurs.

Source: Coinglass


read Super Bus (SUPER) Price Forecast 2024-2025


In conclusion, SUPER’s current momentum is promising, but the high MVRV ratio and overbought RSI indicate a downside potential.

However, increasing social dominance and increasing open interest could encourage a break above $1.59, potentially triggering the next phase of the uptrend.

Next: FET: Will Whale Activity Fuel Bullish Momentum?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025

Keepsolid launches KS COIN: Loyalty encryption through actual utility token benefits

August 14, 2025

XRP struggles for $ 3: Do Whale Offroads attract it lower?

August 7, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025

Metaplanet’s bitcoin strategy is having trouble with stock plummet in the crisis of financing.

August 31, 2025

Next chapter of ecosystem support program

August 31, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

BNB price forecast: Target $ 890- $ 900 in September 2025.

August 31, 2025

After BTS Star Jungkook has 39 billion hacking, South Korea will crack down on encryption fraud.

August 30, 2025

FY Energy Offers Industry-leading Cloud Computing Systems, Offering Opportunities For Daily Passive Income Of $7,580 Through Mining.

August 30, 2025

Four coins to be purchased as decisions for five branch XRP ETFs will be pushed until October.

August 30, 2025

Ethereum-Based Meme Project Pepeto ($PEPETO) Surges Past $6.5M In Presale

August 29, 2025

Use Australia’s Top Cloud Mining Tools To Become A Millionaire!

August 29, 2025

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025

Metaplanet’s bitcoin strategy is having trouble with stock plummet in the crisis of financing.

August 31, 2025

Next chapter of ecosystem support program

August 31, 2025
Most Popular

Sei Blockchain is now live on the Dune Analytics Platform.

July 24, 2024

Mara Holdings sets the date of the fourth quarter of 2024 and the fiscal year.

February 14, 2025

PvP Token: Strengthening the Game Ecosystem

February 21, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.