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Cryptocurrency News Articles
TG.Casino (TGC) Price Gains Momentum From The Support Zone As Investors Flock To Mega Dice (DICE) With Only Hours Left In Presale
Sep 29, 2024 at 07:28 pm
The TG.Casino price has soared 24% in the last 24 hours to trade at $0.1972 as of 7:20 a.m. EST on a 67% pump in trading volume to $297,125.
The TG.Casino price has soared 24% in the last 24 hours to trade at $0.1972 as of 7:20 a.m. EST on a 67% pump in trading volume to $297,125.
The crypto-powered casino has quickly gained popularity after launching earlier this year, and offers users over 2,000 games, including classic slots, live dealer options, and a sportsbook covering various global events.
The $TGC token’s weekly profit-sharing program adds significant value for token holders. This initiative, outlined in the platform’s roadmap, is key in stabilizing the token’s price and driving its growth. A portion of the casino’s profits are shared with token holders, incentivizing further staking.
💰 Profit Share Update 💰
A quieter week for the casino two weeks ago, but still enough to play for the Birthday Bonanza or boost your wagering for the Season 3 airdrop (ending Monday)!
The profit share totaled $25K, with $10K 🔥 for the buyback and burn wallet, and $15K 💰… pic.twitter.com/WO6FXuWuOV
— TG Casino (@TGCasino_) September 27, 2024
Of the profits, 60% is rewarded in Ethereum to staked token holders, while 40% is used for token buybacks and burns.
TG.Casino Price Gains Momentum From The Support Zone
The TGC/USD pair in the daily timeframe highlights key technical levels and indicators that suggest potential trading opportunities. According to data from GeckoTerminal, the price is currently testing a support level of around $0.150, which shows strong buyer interest in this zone.
On the upside is a resistance level at $0.300, where price action has previously seen rejection. This indicates this is a key target in case of a bullish breakout. The price has begun moving upwards, as shown by the successive green candlesticks. If the bulls keep pushing, the price could reach this resistance level in the coming days.
TGCUSD Analysis Source: Dextools.io
The moving averages offer additional insight into the market’s direction. The 50-SMA (at 0.2007) is acting as an immediate dynamic resistance. The price is slightly below this level, suggesting bulls are attempting to break through.
TG.Casino Price Indicators Signal More Uptrend Ahead
The 200-SMA (at 0.2438) represents a strong resistance level in a higher time frame. If the price surpasses the 50-SMA, it could head toward this longer-term resistance, signaling a potential upward trend shift fro the TG.Casino Price.
The MACD indicator shows that the MACD line is above the signal line, signaling bullish momentum but below the neutral position. The histogram is positive, though moderate in strength, indicating the bullish trend may be building but is not yet extremely strong.
Meanwhile, the Relative Strength Index (RSI) is trading at 57.67, above the 50 midline level, indicating tense buying pressure. increased momentum should push the RSI into the overbought region of 70, confirming the ongoing bullish sentiment.
If the price can break above the 50-SMA, there is potential for upward movement, with a target around 0.2438 (200-SMA) and further upside toward the 0.300 resistance. However, if the price fails to break the 50-SMA, it may revisit the support level at 0.150. The support zone below provides a strong buffer against downside risks, while the market remains poised for a potential breakout if bullish momentum builds further.
Investors Flock To Mega Dice With Only Hours Left In Presale
As the TG.Casino price pumps, investors are also rushing to buy a Solana token called Mega Dice (DICE) before its presale ends in less than 7 hours.
DICE is approaching the end of its highly successful ICO, which has already raised over $1.97 million. But investors still have a small window left to purchase the token at this early stage.
Following the conclusion of the presale, DICE will be listed on the decentralized Raydium exchange tomorrow, Sept. 30, at 3:00 p.m. CET.
$DICE Launch on Raydium 🚀
We’re excited to share that $DICE will officially launch on Raydium DEX on September 30th at 15h00 CET! 🎉
Get ready for the next big step in #GameFi on #Solana as we bring you unparalleled opportunities and exciting rewards, including exclusive… pic.twitter.com/qvAND54tbk
— Mega Dice Casino (@
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