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Cryptocurrency News Articles
Crypto All-Stars Price Breaks Above the Neckline as MEME Index Presale Nears $2M
Jan 06, 2025 at 11:14 pm
The Crypto All-Stars price has gone parabolic, pumping 72% in the last 24 hours to trade at $0.000634 as of 10 a.m. EST on a 147% jump in trading volume to $592k.
Crypto All-Stars (STARS) price soared by 72% in the last 24 hours, trading at $0.000634 by 10 a.m. EST with a 147% surge in trading volume to reach $592k.
This price action is occurring within a potential bullish scenario on the 4-hour timeframe, fueled by the rounded bottom pattern. This pattern is a well-known reversal structure that emerged near the 50-period moving average at $0.00037258, which acted as a solid support zone, making the current price action more compelling.
The price has broken through a critical horizontal resistance level at $0.0006189, a move that suggests the market may be entering a bullish breakout phase. If this breakout remains intact, the next target price could be around $0.0008000, with upward momentum continuing to drive prices higher.
Continuing on the 4-hour timeframe, the MACD further supports the bullish momentum as the MACD line is positioned above the signal line, and the histogram bars are growing, signaling increasing buying pressure and bullish momentum.
Meanwhile, the relative strength index (RSI) stands at 77.57, which reflects strong upward momentum for the Crypto All-Stars price. But it also indicates that it has entered the overbought region, which could result in a short-term pullback or a period of consolidation.
A continuation of the bullish trend seems probable. If the breakout above $0.0006189 holds and the price maintains momentum, STARS/USD could target the $0.0008134 mark.
However, with the RSI approaching overbought levels, a short-term pullback or consolidation is a possibility, especially if the price tests the $0.0006189 support level. If that support holds, it could signal the resumption of the upward trend toward the next target.
As the bullish momentum driving the Crypto All-Stars price continues, so does that powering the Meme Index (MEMEX) presale. MEMEX is part of a project that offers the world’s first decentralized meme coin indexes and its presale has already passed $1.9 million.
Popular crypto analyst ClayBro, with over 135K YouTube subscribers, predicts that MEMEX could see over 26X growth after launch.
MEMEX offers a fresh way to invest in meme coins through a diversified portfolio with four categories: Meme Titan, Meme Moonshot, Meme Midcap, and Meme Frenzy. Each category is designed for different risk levels, giving investors options based on their preferences.
For high-risk takers, Meme Frenzy focuses on new andὶ unpredictable meme coins. While risky, this category offers a chance for big rewards, appealing to those who enjoy bold and adventurous investments.
While these investments carry significant risks, they also offer the possibility of substantial returns, making them appealing to investors who thrive on bold chances in volatile markets.
In addition, MEMEX token holders have the opportunity to join the presale staking pool, which yields an incredibly high annual return of 1,209%.
MEMEX tokens are selling now for $0.0149831 and you can buy them with USDT, ETH, or even a bank card. Buy before a price hike in less than 2 days to lock in the best deal.
Visit the official MEMEX website.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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