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Cryptocurrency News Articles

Adventure Gold (AGLD) Price Surged 75% in a Week, Here's What's Next

Dec 31, 2024 at 12:07 am

The Adventure Gold price surged 24% in the last 24 hours to trade at $2.6472 as of 3.45 a.m. EST on trading volume that skyrocketed 300% to $1.48 billion.

Adventure Gold (AGLD) Price Surged 75% in a Week, Here's What's Next

The Adventure Gold (AGLD) price went up by 23.9% in the last 24 hours to reach $2.6472 as of 3.45 a.m. EST. This came as the token’s trading volume also skyrocketed by 300% to hit $1.48 billion.

While the token’s 1-day performance was rewarding for its holders, its weekly surge was even more so. In the past seven days, Adventure Gold surged by over 75%, rising from $1.5019 to its current price of $2.6472.

Adventure Gold is an on-chain gaming project, and like several other cryptos from the GameFi sector, it saw a notable surge in the past week. However, no other gaming project saw an increase equal to AGLD, making it one of the most rewarding cryptos from this sector to hold in the past seven days.

The closest one to it is ECOMI, which surged by 35%.

Adventure Gold Price Prediction

Despite its price surge, AGLD still encountered some struggle in the last day. The token encountered a major resistance at $2.80 — one that it was unable to fully breach. Its price briefly touched this level yesterday, which was followed by a rejection to $2.40, and then another attempt to climb to the barrier, which was once again met with resistance.

Right now, the project is battling a smaller resistance at $2.60, with its price briefly overcoming it twice in the past three hours, only to then return below this level.

The project also saw a slight narrowing of its Bollinger bands, which suggests that the bullish sentiment might be weakening, and the uncertainty is growing. However, the bands are already showing signs of widening again, so it was likely just a temporary occurrence.

The project’s Relative Strength Index (RSI) value shows that AGLD has been struggling in the past few hours. Previously, its RSI value fluctuated between the neutral area and the overbought zone for 24 hours, often breaching the value of 70, if only slightly, before traders would react and take profit.

However, the last 9 hours or so have brought greater fluctuations that nearly took the RSI value to the oversold zone, before the metric bounced back up. It fluctuated roughly between 40 and 60, with sharp surges and drops, showing sudden shifts in trends which only recently started to slow down.

The last four hours have seen the RSI fluctuate between the value of 50 and 60, suggesting that the trading activity is starting to stabilize.

Promising Alternative To Adventure Gold

If you are interested in pursuing a gaming token but believe that it is too late to buy Adventure Gold, perhaps you could give Catslap (SLAP) a shot. This is a project that belongs to both the GameFi and meme coin sectors, and it has become a major hit among gamers and meme coin fans alike.

It emerged several weeks ago, introducing a mini-game of a cat that slaps various entities each time when you click on its photo. The game ended up being a major hit even before the project introduced a Slap-To-Earn model, which lets you connect your wallet to its website and earn SLAP tokens by interacting with the game.

Recently, the project’s Slapometer recorded over 2 billion performed slaps, showing just how popular the game is, and how much SLAP token holders interact with it. Catslap’s price also saw a 7% surge in the last 24 hours.

In fact, experts believe that SLAP is about to see a massive pump. One of the most optimistic predictions is that SLAP will bring 50x gains to its holders, while popular experts, such as crypto YouTuber ClayBro, who has over 134k subscribers, believe that the project has at least 20x potential.

Currently, its price sits at $0.002374, but it has been known to go as high as $0.010, so there is plenty of room to grow.

Visit the SLAP official website.

News source:insidebitcoins.com

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