Black Agnus (FTW) Price Skyrocketed 820% in the Last 24 Hours, Will It Continue to Surge?

The next-gen meme coin that combines memes with DeFi has seen several major surges and slumps lately, soaring over the past weekend before imploding yesterday.

Black Agnus (BNB) price has seen a monumental surge of 820% in the last 24 hours, bringing its price to $0.0003566 as of 5 a.m. EST. The surge was accompanied by a 1% increase in trading volume, which reached $10.1 million.

Despite being rejected at the resistance of $0.00040, Black Agnus (FTW) has managed to stabilize above the support at $0.00035. However, the project's price has seen little movement in the last 18 hours.

The traders’ expectations of the project were confirmed by the announcement of Black Agnus Token (FTW) listing on the BNB Smart Chain, which seems to have fueled the surge and pushed the traders to continue supporting FTW and the Black Agnus team.

Black Agnus Price Prediction

The resistance at $0.00040 stood in the way of FTW during the weekend surge, and it seems that the project is preparing for another attempt to break through this level. However, this could be prevented if the market turns bearish and traders decide to take profit instead of pushing the price further up.

Alternatively, the project could follow the previous pattern and see another major correction that will bring it back to where it started or even lower. However, with the market trading in the green on a weekly, daily, and even hourly basis, the project might resist the bears.

Bitcoin itself managed to stick around above $63K despite an attempt at correction, showing strong support and traders awaiting the next big rally.

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