BURGER Adds 100% And Is 3.5X From 2022 Lows; Buyers Target $2
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Past performance of BURGER
BURGER prices are up 100 percent in the last 24 hours, confirming gains of May 25 as bulls press on. The surge represents a bullish breakout above the middle BB. Notably, prices are bottoming up, completely reversing losses of the first half of May 2022.
BURGER Technical Analysis
BURGER crypto bulls are currently in the driving seat and have wholly reversed recent losses. At spot rates, the token's prices are up 3.5X from 2022 lows. As per the BURGER token candlestick arrangement in the daily chart, buyers can search for entries on every pullback above $1. This level flashes with the 50 percent Fibonacci retracement level of the May 24 and 25 trade range. The immediate buy target stands at $2 or April 2022 highs. On a more cautious outlook, a cool-off that may force prices below $1 and May 25 lows could slow down optimistic buyers.
What to Expect from BURGER Token?
From the daily chart, prices appear to be bottoming up. The coin's prices may expand above $2 to Q4 2022 trade range at this pace.