Wed, November 13

MyNeighborAlice (ALICE) Price All-set for a Bull Run

ALICE Price Analysis: Consolidation Phase Hints at Bullish Momentum News
  • A prominent expert sets a $60 forecast.
  • A new local high was set recently due to heavy purchasing.

The NFT area is becoming more popular as more projects achieve significant breakthroughs in the crypto world. After the massive surge of MANA, SAND, AXS, etc., another gem ALICE price may follow suit. After a strong start, the token may reclaim lost ground and leap to new highs.

The NFT started the trade by hitting the ATH and then fell. For many months, the price languished below $20, including an unsuccessful effort to breach the upper barrier. However, the asset is now showing more positive indications, indicating a larger goal.

The Pattern is Driving the Spike

A prominent expert sets a $60 forecast and provides three causes that may drive the surge higher. The pattern, according to the expert, is driving the spike. Formed with the Darvas box, the asset has seen several highs and lows. As the Darvas box pattern reaches its climax, the asset is poised for a significant breakout. After a substantial fall, the price might rise to the anticipated level of $60.

Previously, the asset climbed strongly, breaking the neckline of the inverse head & shoulder pattern. After breaching the pattern, the asset is collecting above the neckline, waiting for another surge. As a result, a failure to hold may pull the asset down below $20. It has been trying to breach the upper resistance since September but has failed. The RSI also broke a declining trend line. With a recent spike, the asset seems prepared to range high and strike greater levels.

ALICE/USDT: Source: TradingView

Since its debut on Binance, MyNeighbourAlice has achieved enormous gains. However, investors had dumped the currency. It is just recently, that the investors saw it in a different light. A new local high was set recently due to heavy purchasing. To reach the next target of $30, the ALICE price must first break through the critical levels around $25, which it has at press time.

According to CoinMarketCap, the MyNeighborAlice price today is $26.31 USD with a 24-hour trading volume of $805,478,419 USD. MyNeighborAlice has been up 14.00% in the last 24 hours.