Syscoin managed to maintain its uptrend despite the market’s wild volatility increasing by 30% in January. The trading price of Syscoin climbed from $0.3 in October 2021 to $1.13 in the early days of January 2022. As long as the current trend continues, Syscoin may be able to break through its $1.33 resistance level and advance its position in no time.
- Syscoin (SYS) skyrocketed to almost +30% in the past 14 days.
- Syscoin (SYS) may hit $2 in no time.
The crypto space never fails to surprise it’s investors with its aggressive movement in the market. This time, Syscoin (SYS), a full Layer-1 and Layer-2 blockchain solution built to combine industry-proven technology, skyrocketed to almost +30% in the past 14 days. At the time of writing, the network trades at a bullish price of $1.13 per crypto, a position that attracts investors globally.
In terms of its market status, crypto has a huge market cap amounting to almost $720 million. This made Syscoin as one of the top one hundred fifty digital assets in CoinGecko. Furthermore, the crypto has a 24-hour trading volume amounting to more than $35 million.
Source: TradingView
Based on the graph above, the crypto was able to maintain its uptrend position despite the market’s wild volatility. From a trading price of $0.3 in October 2021, the crypto was able to climb its position to $1.13 in the early days of 2022. If this trend keeps on, SYS might be able to smash its $1.33 resistance level and advance its position in no time.
Best of all, if the market remains in favor of the crypto, SYS might reach the bullish price of $2 before the first quarter of 2022 ends. But of course, there is a big chance that this will happen if the network can invite more investors into its platform along with the bullish market on its side.
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