SuperVerse Price Prediction: 2024, 2025, 2030

SUPER price prediction: Key highlights

1. Primary support and resistance levels

• On the weekly timeframe, $0.07 was established as the lowest support.
• Meanwhile, $3 might prove to be a significant barrier to upward momentum.

2. Market sentiment

• As of March 2024, the market sentiment surrounding SUPER was bullish after an overextended market.

3. Predictive forecasts

• Our AI/ML predictive models forecast SUPER to trade at an average price of $10 in 2033 and $15 in 2035.

Gain valuable insights on SUPER through this comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 

SUPER technical analysis: Can the bulls prevent a reversal?

The analysis of the weekly chart for SUPER from March 2023 to March 2024 provided a complete view of its performance, reflecting the dynamics of the broader gaming and the non-fungible token (NFT) sector. This period has been pivotal for the SuperVerse price prediction for 2024, with the asset experiencing significant fluctuations.

Beginning with a support level of $0.11, buyers endeavored to elevate the price in mid-March. This culminated in a test of $0.16 resistance by mid-April. The rally lacked sufficient momentum, and the price succumbed to a bearish trend.
 

By June, the bearish grip intensified, causing SUPER to fall below $0.11. The downtrend persisted, with the price descending to $0.07 by mid-August. The period witnessed the bulls struggling to maintain this lowest support. Temporary breaches below this level signified weakening buyer momentum.

Despite these struggles, a notable turnaround occurred in mid-October, signifying a resurgence in bullish activity. This resurgence was characterized by the token breaching previous resistances. In late November, a significant surge allowed the altcoin to surpass $0.16.

The continued uptrend saw SUPER testing a new resistance at $0.70 in December. A test of this level resulted in a rejection. Yet, it didn't transition into a full downtrend, as declines were arrested at the $0.49 support in January. 
 

This scenario likely represented a price correction following an overbought market condition. Consequently, the price remained consolidated within these levels.

The consolidation phase ended with a bullish breakout in February, propelling the price above the resistance. During the latter part of February, the bulls made concerted efforts to breach the pivotal $1 mark. As the month concluded, they not only successfully reclaimed $1.06 as support but also established a new peak resistance at $1.5.

Although a retracement followed this test of peak resistance, it served as a signal of an overextended market. For the time being, the bulls have successfully halted any further declines at the $1.06 support level. Yet, the price has been trending lower, currently sitting at $1.07. 
 

Should the bulls replicate their prior success and break through the existing resistance, there's potential for the price to climb as high as $2 in the short to medium term. A further push could even see prices soaring to $3. 
 

However, this price point may also prove to be a significant obstacle in reclaiming the asset's all-time high (ATH). Moreover, the presence of bearish forces in the market cannot be overlooked. A fall below the current support level could potentially drive the price down to $0.70.

Long-term projections from our models anticipate an average price of $10 by 2033, with a further increase to $15 by 2035. These projections underscore the optimistic outlook for SUPER, albeit acknowledging the inherent market volatilities and bearish pressures.

SUPER's 2024 roadmap: Key indicators to watch and trade

• Throughout most of 2023, the trading volume for SUPER remained quite low, with sporadic spikes correlating with price rallies. A significant recovery in volume was observed in November, reaching a peak of 1.261 billion, which aligned with the token's price surge.
• Yet, this was not sustained. Even though the price continued to trend higher, the volume remained lackluster. It could indicate that the price movement was more speculative.
• The Chaikin Money Flow (CMF) remained predominantly below the zero line, suggesting a bearish trend. However, a shift occurred in November when the CMF turned positive.
• This signaled the resurgence of buying momentum and a greater inflow of money into the token. By the end of the analysis, the CMF stood at 0.28. This underscored a solid bullish sentiment in the market.
• The Awesome Oscillator (AO) fluctuated throughout the year, moving above the zero line between March and mid-June, hinting at potential bullish periods. 
• Nonetheless, it dipped back down, aligning with the price retracement. Towards the end of November, it climbed above the zero line again, this time indicating a stronger bullish force. 
• At the time of writing, it registered its highest value at 0.7856. This was a significant indicator that there is significant buying activity, with the potential for continued price increases if the momentum is sustained.