Golden Inu Price Prediction 2023: Can Golden Price Go Beyond $0.000000000016?

Key Takeaways:

• The GOLDEN price underwent a giant price action a couple of days ago, which appears to have faded 
• The Bulls continue to hold significant dominance, due to which the price continues to remain above crucial support
• The technicals are slowly moving in favor of the bears, which may cause the price to test the lower support in the coming days

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Golden Inu Overview as of July 18, 2023

Additional Read: Shiba Inu Price Prediction

GOLDEN Price Forecast For This Week

After the price maintained a stagnant trend for a long time, the GOLDEN price triggered a massive upswing in the past week. The buying volume spiked heavily causing the price to rise by more than 200% within a couple of days. Although the price faced a minor pullback, the bulls continue to hold notable strength which may cause the price to lift from the lower support soon. 

In the coming days, the Golden Inu price may begin with a significant rise from the current levels and head towards the interim resistance soon. Besides, the volume has dropped after experiencing a massive spike. Therefore, the price reversal may occur but the intensity may be lower than expected. Hence an ascending consolidation may prevail until the end of the week.

Golden Inu Price Prediction for July 2023

Ever since its inception, the GOLDEN price has maintained a significant drop, following a steep bearish trend. After marking the lows, the bulls triggered a massive upswing leading to a jump of over 1650% to mark the highs at $0.000000000016. Presently, the price has shed some of its gains, but the bulls continue to remain well in position, manifesting the possibilities of a bullish breakout. 

Now that the price has maintained a bearish trend during the first fortnight, the upcoming trend is expected to be in bullish favor. The price may hold above the support for a while, beyond which a notable upswing may be imminent. By the end of the month, the price may reach above $0.000000000012.

Golden Inu Price Prediction 2023-2024

It’s just a couple of months, the Golden Inu has started its trading journey and has experienced heavy losses. The bears have been maintaining acute strength since the beginning and despite a giant jump, the price continues to trade under bearish influence. However, the fractals are believed to flip during the second half. Hence by maintaining a significant upswing in the second half, the GOLDEN price may close the yearly trade around $0.000000000019.

The rally may begin the 2024 trade on a bullish note as the price may maintain a healthy upswing since the beginning. After soaring above $0.00000000002, the price may further secure levels above $0.000000000025 by the end of Q1 and remain under notable bearish influence throughout Q2. After rising above the selling pressure, the price may maintain a healthy upswing during H2 and eventually transform into a bull run. By the end of the year, the levels may surge beyond $0.00000000005.

GOLDEN Price Prediction 2023-2050

Golden Inu Technical Analysis

Source: Tradingview

• The Golden Inu price, after the recent price action, is trading within a decisive symmetrical triangle and heading toward the apex
• The price rose from the lower support and is trying to maintain a healthy upswing to reach the upper resistance
• Due to a massive drop in volume, the price is believed to maintain a sideways trend for a while
• Besides, the MACD is close to undergoing a bullish crossover, and importantly, the buying pressure has prevailed for a long time. Hence, a rebound followed by a healthy upswing appears to be imminent. 

Read More: BitTorrent Price Prediction

Will the Golden Inu Price Drop Again in 2023?

The Golden Inu price has been under extreme bearish pressure since the start, and hence now is the time to display some positive price action. The trend is believed to reverse the current bearish price action and begin with a decent upswing. Moreover, the second half of the year is largely believed to be bullish, and hence the GOLDEN price may also trigger a fine upswing and sustain it for the rest of the year ahead. 

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