the UPO asset is showing positive behaviorThe UPO Token price showed consistent growth from October 2023 to mid-December 2023, indicating an upward trend during that time frame. The Price increased from $0.02000 to $0.23000 but encountered resistance at the peak because of the supply area, causing it to drop and establish a support level at $0.07000.
Since, the UPO crypto has revealed a sign of recovery as the price spiked from a crucial level of around $0.07000 on the chart and the UpOnly asset is exhibiting bullish strength and rising capacity as it approaches dynamic resistance to cut from below major 20 and 50-Day EMA bands.
Above all, the UPO asset is showing positive behavior with support from MACD and RSI indicators. The MACD signal indicates a bullish change with the histogram increasing by $0.00574, while the RSI is above the 14-SMA smoothed level at $58.80.
At press time, the UPO crypto is experiencing a surge of 10.79% in the last 24 hours, and currently trading at $0.13116.
Therefore, if the demand for the UPO remains high, the asset price could surge towards the supply level from the current level. The next target for the price is to reach $0.1600, and surpassing this would open doors for $0.2200, and more.
However, if the UPO crypto price fails to stay above the $0.1200 level, it could decline further.
