Sonic Price is one of the best winners for encryption today with about 12 % pump, and it is now trading exactly at $ 0.50. Their holders should be somewhat happy with this, given that the broader market is slow and the BTC price has already been lost by 1.5 % in the past 24 hours.
So, what leads this increase? One of the strong Sonic supporters on X, “JavaILIO”, weighed in the position:
The last price of Sonic ($ s) is not surprising when you think about the biggest picture. According to JavaILIO, almost every symbol is beaten in the last 1-2 months-it will be difficult for you to find the best 100 currencies you haven’t suffered. However, for a sonic, this represents a great opportunity.
JavaILIO suggests that if the current declining trend is retrieved, we may see Sonic up to $ 0.76-0.79, provided that the strength of the broader market allows. It indicates that Sonic has a history of acute collapse, and as soon as Bitcoin makes important moves in April, Sonic can follow its example.
Each symbol has been able to overcome the beating in the past 1-2 months-you will be hard to find the best 100 currencies.
For Sonic, this is one of the great opportunities.
If the downward trend collapses, $ 0.76 -0.79 dollar imminently as long as it is at the market level … pic.twitter.com/pjvfb0jyme
– JagoILIO.Sonic (@0xjagagalio) March 14, 2025
Support vocal prices and the levels of retreat in Fibonacci
For those looking to collect more audio symbols, Jagalio notes that the range between 0.886 ($ 0.30) and 0.786 ($ 0.45) seems to be the Fibonacci retreat levels is a solid support area. These are the famous technical analysis tools that traders use to determine the areas of support and potential resistance on the basis of previous price movements.
0.786 and 0.886 levels are deeper, and often serve as final support before a possible reflection. JagIILIO refers to this range from $ 0.30 to $ 0.45 as a “lead -resistant” for those who want to add it to their sites (Although it highlights that this is not a financial advice).
While recognition that symbolic fluctuations go beyond the control of any individual, JavaILIO explains that basic technology will eventually distinguish Sonic from its long -term competitors. It highlights that Sonic has maintained the strength of the impressive ecosystem throughout the market, holding constantly 600-700 million+ in the total closed value (TVL).
This Sonic performance allowed exceeding many popular projects, including fluid, optimistic and pose. JavaILIO boldly states that “L2 should not be higher than the vocal”, and expects to defame and rule “they will see the same fate as L2S”. He also expected that Sonic will outperform Aptos and SUI during the tour in the next market, and eventually entered the 10 best encrypted currencies.
Also read: How much did the distinctive symbols of 50,000 Sonic (Sonic) if Bitcoin reaches 150 thousand dollars?
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