Audiera (BEAT) Price Prediction: A Short-Term Pump of 30% is Expected to Hit New Highs, with Key Resistance Level Becoming the Bull-Bear Tipping Point.

Audiera (BEAT) has shown a noticeable strengthening trend recently, with prices rising by about 30% in a short period, significantly increasing market attention. As the rise expands, BEAT has approached a key resistance area, which will determine whether the short-term trend continues to rise or experiences a technical pullback, becoming the core focus of the current Bull vs Bear Battle.

BEAT Price Analysis Chart

From a technical structure perspective, BEAT has formed a typical ascending triangle pattern on the 4-hour chart. This pattern is usually regarded as a bullish consolidation structure, and once the price effectively breaks through the upper resistance, it often opens up new upward space. Currently, BEAT is oscillating near this resistance level, marking its fourth attempt to break upwards. The previous three highs were unable to hold, and if it faces resistance again this time, a short-term pullback cannot be ruled out; however, if it successfully breaks out on increased volume, BEAT is expected to directly challenge and refresh its historical highs.

The momentum indicator is also favorable for bulls. Multiple moving averages show a bullish arrangement, with the 20-day and 50-day moving averages clearly above the 100-day and 200-day moving averages, indicating that the short-term trend remains in a strong range. At the same time, the Bull vs Bear Battle (BBP) indicator remains in the positive zone, with a current reading of approximately 0.51, indicating that buying power still dominates, which is conducive to the continuation of price rise.

In terms of fundamentals and on-chain data, BEAT's performance also provides support. The project continues to advance its token burn mechanism, strengthening scarcity by reducing circulating supply. As of now, over 280,000 BEAT have been permanently removed from circulation, and at current prices, the total value of burned tokens has approached $850,000. Against the backdrop of gradually increasing demand, this deflationary model helps improve the medium- to long-term price structure.

In addition, the number of on-chain holders of BEAT has exceeded 125,000, indicating a relatively stable user base. As the proportion of long-term holders increases and the token economic model continues to take effect, the market expectations for BEAT are gradually improving.

Overall, BEAT is currently at a critical technical node. If it can successfully break through the core resistance level, the price of Audiera may accelerate upwards and challenge historical highs; conversely, it may enter a period of consolidation or pullback in the short term. For investors who follow the price trends of BEAT, the technical analysis of Audiera, and the token burn mechanism, the next few trading cycles are particularly crucial.

BEAT4.91%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
AliefArobbyAvip
· 12-22 09:39
DYOR 🤓
Reply0
BeSteady.vip
· 12-22 06:24
Merry Christmas, bull up! 🐂
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)