{"id":15535,"date":"2025-08-24T10:59:45","date_gmt":"2025-08-24T09:59:45","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=15535"},"modified":"2025-08-24T10:59:46","modified_gmt":"2025-08-24T09:59:46","slug":"bio-protocol-skyrockets-131-pct-one-week-bullish-trend-pending-correction","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bio-protocol-skyrockets-131-pct-one-week-bullish-trend-pending-correction\/","title":{"rendered":"Bio Protocol Skyrockets by 131% in One Week: Bullish Trend or Pending Correction?"},"content":{"rendered":"\n

How Far Could Bio Protocol’s Correction Go?<\/h2>\n\n\n\n

On the daily chart<\/strong>, Bio Protocol<\/strong> has maintained a clearly bullish price structure<\/strong> for nearly two weeks. Transaction volumes<\/strong> remain high, as shown by the OBV indicator’s steady progression throughout August. The RSI<\/strong> even reached the overbought<\/strong> territory around 74<\/strong>, confirming the strength of the bullish<\/strong> movement. Historically, however, an RSI<\/strong> exceeding 80<\/strong> has often preceded retracement<\/strong> phases. It’s therefore likely that a similar pullback<\/strong> may emerge in the near future.<\/p>\n\n\n

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\"BIO\/USDT
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

Examining a 4-hour chart<\/strong> with Fibonacci levels<\/strong>, we can see that Bio Protocol<\/strong> could find dynamic support<\/strong> around the 61.8%<\/strong> and 78.6%<\/strong> levels, at $0.176<\/strong> and $0.151<\/strong> respectively. Additionally, short-term moving averages<\/strong> could also serve as support<\/strong>. Therefore, traders looking to enter Bio crypto<\/a> would be well advised to closely monitor the zone between $0.151<\/strong> and $0.175<\/strong>.<\/p>\n\n\n

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\"daily
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

Heatmap Reveals Short-Term Price Levels<\/h2>\n\n\n\n

The two-week liquidation Heatmap<\/strong> shows small liquidity clusters<\/strong> around $0.21<\/strong> to $0.216<\/strong> and $0.255<\/strong>. These levels<\/strong> could constitute short-term price targets<\/strong> for traders<\/strong>. However, a Bitcoin<\/a> correction<\/strong> below $115,000<\/strong> could negatively impact price. In this scenario, the magnetic zone<\/strong> at $0.18<\/strong> could exert downward pressure<\/strong>. Conversely, if Bitcoin<\/a> manages to bounce back<\/strong> this weekend, it could strengthen market sentiment and benefit Bio bulls.<\/p>\n\n\n

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\"BIO,
Source: CoinGlass<\/figcaption><\/figure>\n<\/div>\n\n\n

How to Buy BIO on Bitget<\/h2>\n\n\n\n

Despite potential fluctuations<\/strong>, Bio Protocol<\/strong> positions itself as a high-potential cryptocurrency<\/strong> for investors<\/strong> looking for favorable opportunities<\/strong> in the current market<\/strong>.<\/p>\n\n\n\n

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  1. Sign up on Bitget<\/strong>\n