- $DEAI surged past $0.44 and flipped it into support, setting the stage for new highs.
- Analysts expect $DEAI to reach $1.50 soon, with $2.80 as a possible long-term target.
- Strong buying activity and growing community interest are fueling the token’s upward momentum.
$DEAI, the token for Zero1 Labs, has surged by 143% as it breaks past key levels and shows continued growth. CryptoBullet, a well-known cryptocurrency analyst, has highlighted two possible price milestones at $1.50 in the short term and $2.80 as a macro target. The token’s recent upward movement began after flipping $0.44 to $0.46 from resistance to support, which boosted investor confidence.
Key Levels Back $DEAI Growth
The upward momentum in $DEAI’s price is supported by crucial technical levels that have solidified its bullish performance since September. Buyers accumulated the token around the $0.32 level earlier this year, which created a strong foundation for the rally.
Source: Cryptobullet
In October, the token surged past $0.44 to $0.46, a significant barrier that marked the beginning of its current trend. This breakout was accompanied by high trading activity, signaling growing interest and momentum in the market. Traders have since watched the $0.84 to $1.05 range, which indicates consolidation before another potential breakout.
The sustained flipping of resistance levels into support has strengthened the confidence of both short-term and long-term investors. Many now expect the price to move towards $1.50, which is considered the next logical target.
Targets and Growing Optimism
CryptoBullet has set $1.50 as the mid-term target based on the chart’s technical structure and historical price movements. Beyond this level, the token could reach $2.80, reflecting its long-term potential if the bullish trend continues.
The price movement has followed a rounded bottom pattern, which often suggests the possibility of further strong upward moves. This pattern aligns with the parabolic nature of the recent rally, giving investors hope for sustained momentum. Traders are monitoring closely to see if the consolidation will result in another surge toward these targets.
Rising Sentiment Among Traders
The strong price performance is driven not just by technical factors but also by increasing sentiment and interest in the project. CryptoBullet mentioned that the project’s ongoing development has been a key factor in maintaining investor confidence.
Many community members have responded positively to the analysis, with over 25,000 views on CryptoBullet’s recent post. Traders are discussing even higher price targets, though the focus remains on how $DEAI performs in the coming weeks.
The post $DEAI Hits 143% Growth with Analysts Eyeing $2.80 as the Next Big Target appeared first on Crypto News Land.
Earn more CFN tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://cryptoforum.news0
CFN Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed