Nibiru Chain, a Layer 1 Blockchain platform tailored for developers, unveiled its public mainnet on March 12th.
On the same day, #Nibiru chain experienced a significant price surge of 97%, reaching a peak of $0.965721, narrowly missing the psychological threshold of $1.00.
Following this peak, $NIBI entered a phase of consolidation, exhibiting a Bullish Pennant Pattern.
Presently, the price finds support from both the lower trendline of the pattern and the super trend.
Technical indicators, notably the RSI, indicate a bullish trend as it hovers above the 50 mark.
The scenario suggests that if $NIBI maintains its support and breaches the upper trendline, it could surpass the psychological barrier at $1.000.
Conversely, failure to hold support and breach the trendline may lead to a potential test of the $0.0490000 levels in the near term.
According To Coingabbar's analysis, #Nibiru Chain Price Prediction 2030 it may reach around $5 and Nibiru Chain Price Prediction 2040 a potential price of around $15.
KEY LEVELS :
RESISTANCE LEVEL : $1.200000-$2.000000
SUPPORT LEVEL : $0.490000-$0.300000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
