GIFA Token Price Prediction For Today, June 21

GIFA Exchange provides a wide range of crypto services to crypto traders. The GIFA Token price prediction gains 4.32% as bulls keep working...

GIFA Exchange provides a wide range of crypto services to crypto traders.

The GIFA Token price prediction gains 4.32% as bulls keep working hard to nurture a bullish trend from the support at $90. GIFX: USD is currently trading at the $72.59 resistance level as the market price is heading towards the 9-day and 21-day moving averages, indicating a bearish movement since the beginning of today. For the past few days, the GIFA Token price has been moving towards $70.

According to the daily price chart, if the GIFA Token price can cross above the 9-day moving average, it is likely for the market price to touch back at the $100 level. This is where traders should expect a further rise in GIFX: USD and further development of the bullish trends as new buyers come in.

Looking at the market movement, there is likely that the GIFA Token price may experience a quick retracement or sell-off just in case it touches the crucial $50 level, but if not; traders may see additional resistance levels of $100 and $150 before pushing higher. However, any further bullish movement could hit the resistance level of $180, $200, and $250 respectively.

On the downside, if the market decides to fall, GIFX: USD could fall below the lower boundary of the channel, and if that support fails to hold the sell-off, the GIFA Token price could see a further decline toward the support levels of $50, $30, and $20. As revealed by the technical indicator, the market may gain more or less in the coming 6 days.

On the 24-hour price chart, traders should expect the token to gain the lost momentum so that it could cross above the moving average. On the contrary, if the selling pressure still exists, it could hold the token not to rebound upward in positive movement, and thus the $50 and below may come into play. 

However, in as much as the buyers keep the price above the moving averages, traders may expect a strong bullish movement that could hit the resistance at $200 and above.