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Analyst Predicts $USTC Could Hit $0.08097 Amid Bullish Patterns

Terra Classic Approves Proposal to Transfer CMC Access to Allnodes
  • $USTC shows strong bullish divergence, signaling potential for a rapid 360% price surge.
  • Javon Marks predicts $USTC could reach $0.08097, driven by consistent higher lows.
  • Analysts remain optimistic as $USTC’s bullish indicators hint at a substantial uptrend.

Terra Classic USD ($USTC) is garnering attention in the cryptocurrency community as it maintains bullish, solid signals, according to a recent analysis from crypto analyst Javon Marks. His observations suggest that $USTC could be on the verge of a significant uptrend, driven by consistent bullish divergence and higher lows.

Javon Marks highlighted $USTC’s potential on his X account, noting that the cryptocurrency continues to exhibit a bullish divergence, paired with multiple sets of higher lows. These technical indicators are often seen as precursors to a strong uptrend. 

According to Marks, the persistence of these patterns suggests that $USTC may be preparing for a substantial recovery, potentially leading to a price surge of over 360%. This recovery, he suggests, could unfold rapidly, with the price possibly reaching as high as $0.08097.

Marks has been closely monitoring $USTC’s movements. On July 21, he observed that the cryptocurrency had already shown impressive recovery strength after confirming a critical bullish divergence. 

At that time, $USTC had climbed approximately 54%, reinforcing the bullish outlook. Despite this significant gain, Marks believes the upward momentum is far from over. He maintains that the target of $0.08097 remains intact, predicting that an additional 279% increase could still occur if the bullish trends hold.

On July 11, Marks had identified similar patterns in $USTC’s price action. He noted that the cryptocurrency had confirmed a bullish divergence pattern while consistently forming higher lows, a combination that often signals a strong and sustained uptrend. 

At that time, Marks projected a more than 360% upside, with prices potentially reaching the $0.08097 mark. He emphasized that this recovery could happen swiftly, fueled by the ongoing breakout.

As $USTC continues demonstrating these bullish indicators, analysts like Javon Marks remain optimistic about its future performance. 

While the cryptocurrency market is inherently volatile, the patterns observed in $USTC suggest it could be poised for a significant rally. Investors and traders will watch closely to see if the predictions hold and if $USTC can achieve the projected gains soon.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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