The price of SuperVerse (SUPER) token has surged by over 26% today, spiking to $0.84 at the time of writing. According to analysts Captain Faibik and Tawfeeq, this price movement signals a breakout from the resistance level between $0.72 and $0.75 that SUPER has been stuck under since December 23.
In his analysis, Captain Faibik pointed to the breakout level and stated that if the price sustains above this resistance, he expects a 100% bull rally going forward. Similarly, Tawfeeq’s analysis identified the breakout point and suggested the price could now reach as high as $0.95.
Ongoing Developments Driving Investor Interest
In addition to the technical breakout, there have also been promising developments for the SuperVerse project recently that are attracting investor interest.
Notcoin airdrop on Telegram made millions to people. Don’t miss out on the next TG airdrop by the same team – Dogs on Ton!
Show more +On February 6, LayerZero Labs announced that SuperVerse will be integrating with their cross-chain messaging platform LayerZero. This allows easy transfer of SUPER tokens across 50+ different blockchains and aligns with SuperVerse’s goal of building a unified gaming network in web3.
A day before that, SuperVerse also revealed a new partnership with BuildOnBeam for web3 gaming infrastructure development tools. As SuperVerse continues forming partnerships and developing its ecosystem, this fundamental progress is further supporting the ongoing price boom.
You may also be interested in:
- Bullish Pennant Pattern Suggests Injective Protocol Is Ready to Surge 40% from This Price: INJ Price Outlook
- Conflicting Cardano (ADA) Metrics Could Stop Bulls’ Efforts To Break This Critical Resistance Level
- Social Network Launches Bitcoin L2 Featuring Staking; Emerging AI Coin Gains Investor Curiosity
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
