Price Analysis of Fantasy World Gold (FWG) and Primecoin (XPM)

Cryptocurrency News Price Analysis

The price analysis for Fantasy World Gold (FWG) shows that its price has been growing tremendously in the past 24-hours. The surge has continued taking place for Fantasy World Gold bringing its price all the way up to $0.01025 per FWG. Fantasy World Gold has reportedly reached this price observing a 372.09% rally in the past 24-hours.

The trading volume for Fantasy World Gold has observed a much higher surge than the price rally in the past 24-hours. The data from CoinMarketCap shows that its trading volume has been surging at a tremendous rate. As of now, the trading volume surge observed for Fantasy World Gold is worth 19809.80%, bringing it up to $729,607.

Although Fantasy World Gold has been observing a surge, still it is not out of the bearish zone. It had been since December 7, 2021, that the price of Fantasy World Gold had been experiencing a dip. Therefore, the overall trend for Fantasy World Gold is currently in the bearish zone.

So far, the RSI for Fantasy World Gold is in the bearish zone and the bulls may need to launch strong rallies in order to push its price higher. If the bulls are able to do that, then they may be able to increase the price of Fantasy World Gold higher.

Given the current sentiments of the investors going in favor of the bullish trend, it is expected that FWG’s price may grow all the way up to $0.03045 per FWG.

Then comes Primecoin (XPM) that has also demonstrated high gains in the past 24-hours. Although not at the same pace the price of Primecoin has continued growing even in the past 24-hours and it is currently at a high figure.

The data from CoinMarketCap shows that it is currently hovering over the $0.2026 price. From the looks of it, the price of XPM may continue to grow higher for some time. This is because the price for the digital asset has remained in the bearish zone for too long.

The investors are aiming to push the price of XPM higher into the bullish zone by increasing their buying power. However, the bears are still in control and they may trigger a selling spree at any given time to pull its price lower.

If the bulls manage to prevail for a shorter period of time, they may be able to launch a strong rally at a lower level. This may help build up the price of XPM higher, bringing its price all the way up to $0.3030 per XPM.

However, if the bears trigger a selling spree against XPM, they may be able to pull its price below the $0.1546 per XPM price.

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