Syscoin is bottoming up after posting deep losses in H1 2022. In a recovery, SYS crypto prices may break above $0.17 and race to June 2022 highs. Past Performance of Syscoin The Syscoin token is up double digits when writing, adding 18 percent against the USDT. At spot rates, SYS crypto prices are rising, in sync with the broader market, in a retest. From the SYS technical analysis in the daily chart, buyers are currently in control, bottoming up in a retest of a critical resistance line. Syscoin Technical Analysis Buyers are confident, adding to their longs, as evident in the daily chart. Notably, there are encouraging higher highs relative to the lower BB as the upside momentum builds up. The confirmation of June 23 gains with rising trading volumes is positive and comprises a bullish breakout. Accordingly, traders may find opportunities to add to their longs on every pullback towards $0.14 and $0.12 in the short term. Further gains above the middle BB and $0.17 may see SYS token prices surge to $0.27. What to Expect from SYS? Syscoin bulls are in charge at spot rates. Nonetheless, price action is skewed for sellers until there is a solid close above $0.17 and the middle BB. Still, buyers stand a chance as long as prices hold above $0.12 and June 2022 lows.The post Syscoin Technical Analysis: SYS Rises 18% to retest $0.17 appeared first on Cryptoknowmics-Crypto News and Media Platform.
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