MAGIC Possible Playout Chart

The price of Magic has successfully broken through its resistance level at $0.746. The presence of a bullish flag pattern also indicates that Magic has the potential to continue its upward momentum. The observed potential for an increase has a nearest target at $0.8725, with a potential profit opportunity of 17.13%. Currently, the market situation provides a favorable opportunity for engaging in swing trading or scalping.

Moreover, the market capitalization of Magic has reached $169,260,206, and it holds the 153rd position on CoinMarketCap (CMC). With a relatively high market capitalization rank, Magic is considered a fairly popular asset for trading. The total trading volume for Magic has reached $51 million USD.

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