Bio Protocol price forecast after Coinbase added BIO and EUL to listing roadmap
Main Idea
Bio Protocol (BIO) price surged nearly 30% after Coinbase added it to its listing roadmap, with technical analysis suggesting potential further upside.
Key Points
1. Bio Protocol (BIO) price surged nearly 30% following Coinbase's announcement to add BIO and Euler (EUL) to its listing roadmap.
2. BIO's price jumped from $0.0612 to $0.07916 post-announcement, though it later settled with a 17% gain.
3. Technical analysis indicates a bullish reversal pattern, with potential upside targets at $0.0940, $0.1258, and $0.1660, representing a 136% upside.
4. Key support level is at $0.0690; a breakdown could lead to a decline toward the next demand zone around $0.0630.
5. EUL also saw an initial 22% price spike but retraced to a modest 3.5% gain.
Description
The price of Bio Protocol (BIO) has surged recently following Coinbase’s decision to add the token, along with Euler (EUL), to its asset listing roadmap. This move by the top-tier US exchange triggered strong market interest, pushing BIO into bullish territory with sharp upward momentum and renewed investor attention. Coinbase announced on July 29 via X (formerly Twitter), indicating that both BIO and EUL are now under consideration for future listing on its platform. While a listing is not guar...
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