List of Flash News about price prediction limitations
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14:19 |
Support and Resistance Zones Key for Crypto Trading: Analyst Insights on Price Prediction Limitations
According to Mihir (@RhythmicAnalyst), future prices in the cryptocurrency market are inherently unpredictable, but support and resistance zones provide forward-looking guidance for traders (source: Twitter, June 22, 2025). Mihir emphasizes that while analysts can leverage historical trends to identify these zones, they cannot forecast exact price levels. This insight is crucial for active traders seeking to optimize entry and exit points using technical analysis rather than relying on price predictions. |