Join our Telegram channel to stay up to date with breaking news reports
Myro price has fallen by 22% in the past 7 days and increased by 2% in the past 24 hours, and is currently trading at $0.2002 as of 01:10 AM EST.
Bulls are bullish and believe that MYRO price will rise to $0.5 as it is rebounding from the oversold condition.
$Myro will rise to $0.50.
Never seen $Myro so oversold.
Check out the daily trends.
pic.twitter.com/NVL13eUG2i
— Crypto Analyst (@CryptoA40672341)
June 12, 2024
However, Myro price rejected the psychological $0.3000 level and it is currently recording lower highs.
$MYRO was once again rejected at the important $0.30 mark.
Soon it will get back there and break through.
Bounce back here and go back up.
@MyroSOL
pic.twitter.com/pH4EtbFBQW
— CryptoAM17 (@CryptoAM17)
June 11, 2024
Myro Price Prediction
Myro price is trading with a bearish bias and has recorded a series of lower highs after being rejected from the $0.3000 psychological mark. The relative strength index (RSI) reinforces this bearish view as it continues to record lower highs.
Furthermore, the Moving Average Convergence Divergence (MACD) indicator remains below the orange zone of the signal line. This suggests that there is sufficient bearish sentiment in the MYRO market.
Therefore, Myro price could extend its decline and flip the 38.2% Fibonacci Retracement level as resistance at $0.1958. In a critical case, the decline could extend to the 23.6% Fibonacci Retracement level at $0.1366. A break below this threshold would confirm the continuation of the downtrend, producing lower lows relative to the February lows.
GeckoTerminal: MYRO/USD 1-day chart
On the other hand, the big picture shows that Myro price has been consolidating in a descending wedge pattern since mid-March. This technical pattern is a bullish reversal pattern that hints at a major upside breakout. This technical chart pattern is confirmed when the price breaks above the uptrend line.
From the chart above, we can see that the falling wedge pattern has been confirmed since Myro price broke out of the pattern on May 21, confirming a bullish breakout. The profit target of the falling wedge pattern is the maximum distance between the upper and lower trendlines added to the breakout point.
If the bulls recover the market, Myro price could surge to $478%. This would mean clearing the peak of the market range to $0.4466 to set a new all-time high.
As MYRO bulls strive to recapture the promise of a falling wedge pattern, investors continue to buy WienerAI (WAI), a top AI crypto meme coin dubbed by YouTuber Jon Trading as 2024.
A promising alternative to MYRO
WAI is the native cryptocurrency behind the WienerAI ecosystem. It is a hybrid token that uses its artificial intelligence capabilities to emulate the success of other dogecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB).
The project, which combines animal memes, advanced AI technology, and a dash of processed meat humor, has a huge following and has raised more than $5.46 million in presales.
Reached the $5 million milestone!
WienerDogAI is just the beginning!
pic.twitter.com/x7G1kFx729
— WienerAI (@WienerDogAI)
June 8, 2024
The WienerAI project has integrated a trading bot feature on its platform. This feature provides user-friendly, AI-enhanced trading, seamless exchange capabilities, and zero transaction fees.
WienerAI is more than just a robot, it is your ultimate crypto trading companion.
We're happy to share some tips with our incredible and supportive community. (1/4)
pic.twitter.com/kR8ypeJycj
— WienerAI (@WienerDogAI)
June 11, 2024
WienerAI also has a well-designed token economic model designed to promote long-term sustainability and growth. The team has set aside 20% tokens for staking rewards, and users can get an annualized rate of return (APY) of 205% by staking $WAI.
Each WAI token is currently priced at $0.000717, a price tag that will be removed from the market in less than 9 hours. So if you are interested, act quickly before the price goes up. You can purchase using ETH, USDT, or a bank card.
Click here to access and purchase WienerAI.
Also read:
How is WienerAI different from Floki Inu? A deep dive into the differences between meme coins
WienerAI brings a new twist to the crowded memecoin space: a hotdog-dog-AI hybrid
WienerAI Price Prediction – $WAI Price Potential in 2024 and Beyond
Are Crypto Presales Worth It? The Pros and Cons You Need to Know!
PlayDoge (PLAY) – The Latest ICO on BNB Chain
Rating
2D Virtual Dog Pet
Play and earn meme coin fusion
Staking and Game Token Rewards
SolidProof Review – playdoge.io
Join Pre-sale
Join our Telegram channel to stay up to date with breaking news reports