Goateus maximus outlook Nov 2 2024

Answered at Nov 02, 2024

Goatseus Maximus Outlook for November 2, 2024

Current Market Performance

As of November 2, 2024, Goatseus Maximus (GOAT) is experiencing a bullish trend. The coin's price prediction indicated a target of $0.851771 by November 1, 2024, which represented a 29.78% increase from its previous value of $0.690942 (source).

Recent Price Trends

  • All-Time High: GOAT reached its all-time high on October 26, 2024, at $0.867366.
  • Current Cycle: The current cycle high is $0.707981, with a cycle low of $0.643690.
  • Volatility: The coin has shown high volatility, with a 1-month volatility rate of 62.07% (source).

Market Sentiment

The market sentiment for Goatseus Maximus is predominantly bullish. The Fear & Greed Index is currently reading "Greed," indicating positive investor sentiment. Out of 13 indicators, 10 signal a bullish outlook, while only 3 suggest a bearish forecast. This results in a 77% positive prediction for GOAT (source).

Support and Resistance Levels

  • Support Levels: Key support levels to watch are $0.651983, $0.576840, and $0.470683.
  • Resistance Levels: Important resistance levels include $0.833283, $0.939440, and $1.01 (source).

Historical Performance

Over the past year, Goatseus Maximus has shown remarkable growth:

  • 1-Year Price Change: The coin has increased by 9,414.96% from its price of $0.007262 a year ago.
  • 30-Day Trend: In the last 30 days, GOAT has gained 9,414.96%, indicating a strong upward trend (source).

Conclusion

The outlook for Goatseus Maximus as of November 2, 2024, remains bullish. The coin has demonstrated significant growth and positive market sentiment, supported by strong technical indicators. However, the high volatility suggests that investors should remain cautious and monitor key support and resistance levels closely.