BEAM had surged 3.93% iBeam has exhibited bullish strength and rising capacity as it holds above 20-day EMA, 50-day EMA.
Similarly, Beam has exhibited a bullish behavior, as the MACD histogram gap has begun to widen, which stands at 0.000236, and the RSI flashed at 59.07 has not been near the 70 level yet, displaying that the Beam asset has not been facing much of a resistance and can extend its gains.
At press time, BEAM had surged 3.93% in the last 24 hours, trading at $0.02962.
Therefore, if the demand for BEAM remains high, price could bounce back strongly from the current level. The next target for the price could be to reach $0.042500 and $0.050000.
However, if the BEAM crypto price fails to stay above the $0.021000 level, it could decline further and could seek rock bottom as well.
