Binance launches Saga (SAGA) as its 51st Launchpool project, enabling users to stake BNB and FDUSD for farming SAGA tokens.
Saga is a layer 1 blockchain with a focus on supporting various applications, especially in gaming.
SAGA's price debuts at $5.71 on Binance following significant farming activity involving BNB and FDUSD.
Shortly after its listing, the price of SAGA peaks at $7.89, indicating robust trading activity.
Despite the initial surge, SAGA encounters resistance at the Descending Trendline on the 15-minute chart.
Technical indicators, such as the RSI, suggest a bullish trend as the RSI hovers around the 50 mark.
A breakthrough above the upper trendline could potentially drive SAGA's price beyond $8.000.
Conversely, failure to breach the trendline might lead to a retest of support levels around $5.000 in the near future.
According To Coingabbar analysis, SAGA Price Prediction 2030 suggests a potential rise to $30, while SAGA Price Prediction 2040 hints at a possible increase to $50.
KEY LEVELS :
RESISTANCE LEVEL
$8.000-$10.0000
SUPPORT LEVEL :
$5.000-$3.0000
