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Scroll (SCR) To Rally Higher? Key Emerging Fractal Signaling Potential Upside Move

Scroll (SCR) To Rally Higher? Key Emerging Fractal Signaling Potential Upside Move

CoinsProbeCoinsProbe2025/08/22 17:45
By:Nilesh Hembade

Date: Thu, Aug 21, 2025 | 08:56 AM GMT

The cryptocurrency market is bouncing back from its recent dip as Ethereum (ETH) reclaims $4,300, registering a 3% daily gain. This upside momentum is spilling over into altcoins , with Scroll (SCR) emerging as one of the notable movers.

SCR surged by an impressive 14% today, and its chart is now flashing a bullish technical setup that strongly resembles the breakout structure seen in Bio Protocol (BIO) in this week.

Scroll (SCR) To Rally Higher? Key Emerging Fractal Signaling Potential Upside Move image 0 Source: Coinmarketcap

SCR Mirrors BIO’s Breakout Structure

BIO provides a valuable fractal reference. After forming a falling wedge pattern breakout—a well-known bullish reversal signal—BIO consolidated beneath a red-marked resistance zone before reclaiming multiple resistance levels. The breakout fueled a powerful 124% rally in just weeks.

Scroll (SCR) To Rally Higher? Key Emerging Fractal Signaling Potential Upside Move image 1 BIO and SCR Fractal Chart/Coinsprobe (Source: Tradingview)

Now, SCR is beginning to trace a similar path.

The token has broken out of its falling wedge pattern and has established a support foundation around the red zone at $0.347. Currently, SCR is trading above that level at $0.41, signaling strength in its price structure.

What’s Next for SCR?

If the fractal continues to play out, holding this $0.357 support zone could serve as the springboard for the next rally leg. The next major resistance lies near $0.692, which would represent an 85% upside from current levels.

However, traders should remain cautious. A dip back below the red zone support could invalidate the bullish setup and push SCR into deeper consolidation.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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