|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
SUN Value Goes Parabolic Above The Consolidation Zone, Last Chance to Buy DAWGZ Before Its Presale Ends
Sep 02, 2024 at 11:06 am
The Solar worth chart on the day by day timeframe signifies a powerful bullish development, characterised by a latest breakout and the formation of a parabolic curve
The Solar worth has surged 5% within the final 24 hours to commerce at $0.03076 as of 6:30 a.m. EST, pushed by a 23% enhance in buying and selling quantity to $321 million.
The Solar worth chart on the day by day timeframe signifies a powerful bullish development, characterised by a latest breakout and the formation of a parabolic curve. After a protracted interval of sideways motion, the value surged above key resistance ranges, signaling the start of a possible long-term uptrend.
This breakout, occurring across the $0.0135 stage, led to a speedy worth enhance to a excessive of roughly $0.0400. The steep rise additionally shaped a parabolic curve, which is commonly related to intense bullish momentum.
SUN’s worth is effectively above the 50-day and 200-day Easy Shifting Averages as effectively, with the 50-day SMA at $0.0135 and the 200-day SMA at $0.0131. This positioning of the Shifting Averages and the golden cross (the place the 50-day SMA crosses above the 200-day SMA) additional confirms the bullish outlook.
However, provided that the RSI is at 70.87, indicating an overbought situation, there’s additionally a excessive chance of a pullback or consolidation earlier than any upward motion. If the value fails to interrupt above $0.0400, it might retrace to check assist ranges round $0.0300 and even as little as $0.0250, the place patrons could step in to build up once more.
The MACD indicator additionally helps the continued bullish development, with the MACD line considerably above the sign line, indicating that the upward momentum might proceed for the Solar worth. The expanding constructive histogram bars further reinforce this view. However, the steepness of the MACD curve signifies that momentum may attain a peak quickly, which might result in a slowdown within the uptrend or perhaps a correction.
Collectively, the technical evaluation signifies that the Solar worth is at present in a sturdy uptrend with the potential to maneuver larger, particularly if it breaks above the $0.0400 resistance stage. Merchants will need to watch the RSI on the day by day chart, which means that the crypto may be overbought. This will increase the chance of a short-term pullback or consolidation. Managing threat is essential in such a state of affairs, significantly because the market approaches these important technical ranges.
Whereas the bullish development stays intact, merchants ought to put together for potential volatility. A breakout above $0.0440 might result in larger targets, but when resistance holds, a correction in direction of $0.0300 or $0.0250 might happen earlier than the subsequent upward transfer.
As merchants rush to buy SUN, extra buyers are additionally pouring funds into the brand new Base token Base Dawgz (DAWGZ), which has raised over $3.1 million in its presale that’s ending in a couple of hours.
Well-liked crypto YouTuber ClayBro, who has over 130,000 subscribers, not too long ago talked about that DAWGZ is a token price accumulating.
Although its major chain is Base, DAWGZ may have a multi-chain presence. The challenge’s staff plans on launching the token on Ethereum, Solana, Binance Sensible Chain, and Avalanche as effectively.
Superior protocols like Wormhole and Portal Bridge assist the token’s multi-chain capabilities, enhancing the token’s interoperability, liquidity, and general utility throughout the decentralized finance (DeFi) house.
Base Dawgz additionally contains a Share-to-Earn system that rewards the neighborhood for creating and sharing content material associated to the challenge, comparable to memes, to earn extra DAWGZ tokens.
At present is the day that the $DAWGZ presale ends!
LFG to the moon collectively 🪂 pic.twitter.com/jzuQVwMeJx
— Base Dawgz (@BaseDawgz) August 28, 2024
The challenge additionally has a “Be Social for Airdrop” marketing campaign to reward customers with factors for selling the token on numerous social platforms. All you must do is use your X account to create and share memes or different content material associated to Base Dawgz to build up factors. After the presale ends, customers can alternate these factors for DAWGZ tokens.
Along with its multi-chain capabilities, Base Dawgz additionally presents a staking choice with a notable 761% APY. Buyers can buy DAWGZ tokens at a reduced worth of $0.008173, with the value set to extend as soon as the token is listed on exchanges. Even when
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Rabbitohs 2025. Together, unbreakable.
- Sep 23, 2024 at 04:20 pm
- In every cheer and through every trial, stands a legacy built not only on our victories but forged in resilience. This is the spirit of the Rabbitohs.
-
- Floki (FLOKI) vs. Mpeppe (MPEPE): The Battle for Meme Coin Dominance Heats Up
- Sep 23, 2024 at 04:20 pm
- The crypto market continues to heat up as Floki (FLOKI) surges 10% within 24 hours, capturing the attention of investors and traders alike.
-
- Render (RNDR) Price Prediction: Analyst Predicts a Significant Recovery for Render
- Sep 23, 2024 at 04:20 pm
- Render (RNDR) is seeing a positive rebound, and famous analyst Javon Marks has highlighted its potential. According to Marks, Render had previously achieved over a 10x gain, reaching $7.8501 (about $7.844 adjusted).
-
- How Catizen Converted 6-8% of Its Players Into Token Holders, Showcasing the Benefits of Community Tokenization
- Sep 23, 2024 at 04:20 pm
- The gaming industry is undergoing a profound transformation, driven by the rise of blockchain technology and the concept of community tokenization. This shift is turning players from mere participants into stakeholders, giving them ownership and governance rights in gaming ecosystems.
-
- Bitgert vs Neiro vs Floki Inu – The Better Investment in 2024?
- Sep 23, 2024 at 04:20 pm
- With Bitcoin seeing positive movement in the last couple of weeks, the crypto industry is likely to boom in the last two quarters of 2024.
-
- Expanding Opportunities with the Rexas Token Builder and Launchpad
- Sep 23, 2024 at 04:20 pm
- Rexas Finance's token builder is a core feature that empowers individuals to tokenize any real-world asset, transforming traditional property markets.
-
- Bittensor (TAO) Chart Looks Insane Says Crypto Trader, But There's a Catch
- Sep 23, 2024 at 04:20 pm
- Bittensor (TAO) has seen a price surge, breaking through the critical $560 resistance level before pulling back slightly to $455.88 as of press time.
-
- Decrypt's Art, Fashion, and Entertainment Hub
- Sep 23, 2024 at 04:10 pm
- The U.S. Securities and Exchange Commission has approved a rule change that allows Nasdaq's International Securities Exchange to list and trade options on the iShares Bitcoin Trust (IBIT), BlackRock's widely-traded exchange-traded fund.
-
- 5 New Meme Coins To Buy Now Before The October Bull Run
- Sep 23, 2024 at 04:10 pm
- So, it finally happened, for the first time in over four years the Federal Reserve has cut interest rates. Interestingly they have started the cuts at 0.5%