Review on MMOCoin by Mehdi hazni
MMOCoin price and chart analysis
(My review is about the price of the MMO currency and does not cover all the features of the project)
The first thing that is clear at a glance at the long-term MMO currency chart is that a very strong pump occurred on November 20, 2019, and after a short time the price fell again, and for a long time it has not even come close to the All time high (All time high was $ 1.43 and the current price is around $ 0.0021)
To analyze this currency, I checked the daily chart and btc pair of MMO currency and put the screenshots of my analysis below the review, which you can see.
The price has reacted very well to the Satoshi 13 range and I think it is in an uptrend (if it does not break the blue trend line).
According to the analysis, I expect price growth in the medium term, and this could happen in the scenario. The first is to hit the trend line and support, and then make a jump in price growth, or start price growth from the current range.
I have also marked the resistors with black lines in the chart that you can specify.
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Pros
- The dollar price of this currency has not fallen sharply since the beginning of entering the market, while most altcoins this happens to them.
- Very good response to the 10-15 Satoshi support range, which is basically an important range for altcoins
- It is likely to grow in the medium term
- It is a long way from all time high and it can be hopeful that one day it will move there again
- Daily trading volume is very good compared to its ranking in coinmarketcap (about 120 thousand dollars in the last 24 hours)
Cons
- There is no negative point about the price of this currency and its current trend
