Coq Inu Price Prediction: 2024, 2025, 2030

COQ price prediction: Key highlights

1. Primary support and resistance levels

• On the daily time frame, COQ’s lowest support was found to be $0.00000122.
• $0.00000165 was noted as the highest resistance level.

2. Market sentiment

• As of September 2024, the market remains under bullish forces. 

3. Predictive forecasts

• Based on predictions from our AI/ML algorithms, the average price of COQ is expected to reach $0.00000350 by 2030 and increase to $0.00000700 by 2035.

Uncover important details about COQ’s future trajectory through a comprehensive daily analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

COQ technical analysis: Bulls fight to maintain dominance

COQ is the newest entrant in the ever-expanding world of crypto. This Avalanche (AVAX)-based memecoin has garnered significant attention from the wider crypto community. Since its launch, the token’s value has appreciated over 250%. With its novelty, the daily chart provides valuable insights to frame a Coq Inu price prediction for 2024.

The memecoin began the period actively testing $0.00000143 while standing firm at the lowest analyzed floor of $0.00000122. Repeated tests of the former in early August led to a retracement to the latter support.

Nevertheless, the tides shifted mid-month as the bulls rallied. Moreover, the launch of the Grayscale Avalanche Trust led to a price surge, propelling the memecoin to challenge the highest resistance at $0.00000165.
 

Profit-taking ensued at this level. Moreover, the bulls could not halt the declines at the immediate level of $0.00000159 in late August. Thus, continued declines drove the price below $0.00000133 in September. Attempts to reclaim this level faltered under the strong bearish force.

After a brief contact with the lowest support, the price rebounded again. However, COQ struggled to maintain its standing over $0.00000143, leading to temporary pullbacks below this level. The buyers decisively flipped it in their favor in late September. 

Yet, the subsequent test of $0.00000159 was rejected. By the end of the analysis, the journey had brought the token to trade at $0.00000151. According to CoinMarketCap, this represented an uptick of over 10% within the last seven days. 
 

The previous prolonged bearish bias means that risks remain, including the possibility of revisiting $0.00000143. A drop below it would tip in the sellers’ favor. However, past patterns suggest that bulls might be able to halt further declines at the lowest floor by buying at low prices.

Notwithstanding, if the broader market recovery continues, the price can recover and move over the current resistance. Sustained buying pressure is the key to decisively staying over the peak barrier. After this, the token can likely face liquidation at a peak of $0.00000200. 

The prediction models’ forecast doesn’t paint a favorable picture for COQ. The average price is expected to reach $0.00000350 by 2030. Furthermore, the token is expected to average $0.00000700 by 2035.

COQ’s 2024 roadmap: Key indicators to watch and trade

• The Relative Strength Index (RSI) rose steadily and climbed over the 50 line in late August. After a swift drop, it moved over again but continued to experience dips in mid-September. The indicator stood at 54.47 at press time, pointing to a slightly bullish market.
• The On-Balance Volume (OBV) moved north in mid-August, followed by a decline later in the month. However, in September, the indicator ascended exponentially. Due to a dip in buying pressure, it closed at 5.368 trillion.
• The trading volume reflected the price trends. Furthermore, it spiked on days with significant price movements, both up and down. This displayed an active presence of investors in the market.