Mbox Price Prediction: There is Room for a Bullish Move Towards $6.5

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Written By: Eno Ikenna Eteng

Oct 04, 2021, 16:55 BST 16:55

USDINR

Summary:

The Mbox price prediction is for the MBOX/USDT pair to see some upside momentum due to its latest security rating from CertiK Leaderboard.

Traders with a bullish Mbox price prediction outlook could get some joy from the most recent ratings by CertiK Security Leaderboard on the most secure assets on the Binance Smart Chain.

A tweet from GenX Analytics quoted from recent ratings of the most secure assets on the BSC, saying that Mobox (MBOX/USDT) 4th most secure asset listed on that chain, with a rating score of 90.

The MBOX/USDT pair has seen some demand since the start of October and is up 3.37% as of writing.

Mbox Price Prediction

The breakout from the falling wedge is now complete, but bullish Mbox price predictions 7.479 and 8.508 are expected to become the additional targets to the north if the bulls can uncap 6.579.

On the flip side, rejection at 5.379 could attract new offers, driving the Mbox price activity towards 3.793. The all-time low at 2.00 remains an additional target to the south.

MBOX 4-Hour Price Chart

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Written By: Eno Ikenna Eteng

Eno's work as a technical analyst and author since 2009 is well recognized in the industry and on several freelance platforms. He is also a member of the prestigious UK Society of Technical Analysts and a top-ranked participant in the Basic Investment Banking and Asset Management simulations with Amplify Trading.