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- The BEAM price is at $0.017 with an intraday gain of o.16%.
- The BEAM crypto price is facing rejection from the $0.022 mark.
After a sharp pullback, the buyers are aggressive and willing to surpass the supply zone of $0.22200, as the BEAM price has maintained the 20-day EMA mark and shown follow-on buying. According to the technicals, the BEAM crypto must extend the buying action and continue to shine above the 20-day EMA mark.
The BEAM price showed a volatile move and formed a long-legged rejection candlestick from the 50-day EMA. Furthermore, the trend is unfavorable, and the BEAM crypto tested the immediate support zone of $0.012200 during yesterday’s trading session. The gains above the neutral trajectory have been halted.
The market capitalization of BEAM is $13.77 million and the 24-hour trading volume is $0.78 million. The RSI is at 47, which has slowly declined from the overbought zone.
BEAM Price Has Been Consolidating in a Parallel Channel
The BEAMcrypto price has been in a bullish trend for the last three months and the trend was disturbed near the $0.0250 level. The BEAM price registered an all-time high of $0.0274 on December 14, 2023.
Since mid-December, the BEAM price has performed negatively and started consolidating in a parallel channel.
If the BEAM crypto price slips below the channel and sustains, sellers may dominate. The Beam price Has Surged By 500% in the past three months and profit booking can be observed. If the BEAM price fails to defend the 100-day moving average, the price may decline to the strong support level of $0.0100 in the next few weeks.
On the other hand, if the BEAM price gives a positive breakout from the channel and sustains above $0.0230, a buying momentum can be observed and the price may approach an all-time high.
Beam Crypto Price Prediction for Tomorrow and Next Week
| Dates | Price | Changes |
| Feb 04, 2024 | $0.0938 | 0.00% |
| Feb 05, 2024 | $0.0933 | -0.57% |
| Feb 06, 2024 | $0.0942 | 0.35% |
| Feb 07, 2024 | $0.09425 | 0.40% |
| Feb 08, 2024 | $0.09429 | 0.44% |
| Feb 09, 2024 | $0.0946 | 0.83% |
| Feb 10, 2024 | $0.0952 | 1.41% |
The BEAM price forecast for the next seven days is a projection based on the positive/negative trends from the past seven days. Based on these projections, BEAM will be changing hands at $ 0.095200 on February 10, 2024, gaining 1.41% in the process.
Beam Price Prediction FAQs
What is the Beam price prediction today?
The Beam crypto price is predicted to gain 0.00% to reach $0.0174 by today.
What is the BEAM price prediction for tomorrow?
According to our analysis, the BEAM price is forecasted to 2.21% to reach $0.0170 by tomorrow.
What is the current BEAM sentiment?
The current BEAM crypto price prediction sentiment is neutral according to our technical analysis.
What is the BEAM price prediction for this week?
According to our BEAM price prediction, it is forecasted to trade within a price range of $ 0.093881 and $ 0.093342 this week.
Summary
The BEAM crypto price has performed very well in November and December but sellers became active in January and dragged down the price. In January, the BEAM price witnessed profit booking as displayed on the chart. The BEAM crypto is trading above the100-day moving average which showcases a bullish trend.
Technical levels
Resistance: $0.0220 & $0.0250
Support: $0.0160 & $0.0100
Disclaimer
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.
