PSG Fan Token Surges—Is $3 the Next Stop?
Paris Saint-Germain’s fan token (PSG) is rallying hard, defying the usual crypto volatility—or maybe just benefiting from another round of sports-driven hype. Traders are eyeing $3 as the next psychological barrier.
Fan tokens: where fandom meets speculative gambling. At least this one has a real-world use case—unlike half the ’utility’ tokens Wall Street keeps shilling.
Paris Saint-Germain Fan Token Displays Increased Bullish Action
The PSG token today has jumped approximately 5% with a trading volume of $14.32 million, a change of +24.45%. In spite of losing around 4% in seven days, this fan token has surged 18.50% in 30 days. With a market capitalization of $24.33 million, it has secured the 803rd position in the crypto space.
The RSI indicator has successfully retested its neutral point in the daily time, resulting in it recording a sharp rise toward the overbought range. Moreover, with a high possibility of a bullish convergence, the PSG coin price may continue trading under a positive influence in the upcoming time.
The 50-day EMA acts as a strong support to the Paris Saint-Germain Fan Token around the $2.50 mark. Furthermore, the Cross EMA 50/200-day is on the path of experiencing a Golden Cross in the 1D time frame, suggesting a positive action.
How High Will PSG Token Rise?
Maintaining the value more than $2.50 could set the stage for it to prepare to retest its immediate resistance level of $3.0 soon. Suppose, the bullish sentiment intensifies at that point, this may push the price toward its upper resistance zone of $3.375.
However, increased liquidation could result in it dropping toward its immediate support zone of $2.50. Moreover, if the bears dominate the cryptocurrency market, the PSG price may plunge toward its lower support trendline of $2.25 within a short period.
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