Join our Telegram channel to stay up to date with the latest news coverage. Beercoin price surged 15% in the last 24 hours to trade at $0.0002845, with trading volume down 27% at $243 million as of 03:28 AM ET. The surge comes after BEER price plunged 40% in the last 7 days, a drop the team attributes to pre-sale investor profit taking and panic selling. The token is still down 49% from its all-time high (ATH) of $0.0005704.
Beercoin Price Prediction: Beercoin price is set to launch a bull run towards its resistance zone. Beercoin price has declined from the $0.0004941 resistance zone, within a descending wedge pattern. However, bulls are using the support level near $0.0002699 to propel the coin towards the upper border of the descending wedge pattern, according to GeckoTerminal. BEER’s decline from the resistance zone has caused the coin to fall below the 50-day and 200-day Simple Moving Averages (SMA).
Moreover, the Relative Strength Index (RSI) is declining towards the oversold levels and is currently at 43. This confirms the current control of the bears. If the bears maintain the current bearish momentum, the coin might retrace to the support level around $0.0002433, which coincides with the lower boundary of the descending wedge pattern. The 50-day SMA has also crossed above the 200-day SMA, forming a death cross at around $0.0004435. The death cross might sustain the bear trend and prompt investors to sell.
However, the Moving Average Convergence Divergence (MACD) shows some bullish outlook on the 1-hour chart, with the blue MACD line crossing above the orange signal line, which represents a bullish crossover. The bullish crossover provides some bullish sentiment to optimistic investors and could spark buyback activity, potentially triggering a bull trend reversal.
In this case, the bulls may push the coin higher, surpassing the key resistance levels of $0.0003427 and $0.0004280, in line with the 50-day and 200-day SMAs. Ultimately, they aim to recapture the key $0.0004941 resistance level. As BEER price bulls prepare for a bullish trend reversal, the trend of the Mega Dice presale is only heading straight to the bulls, with the fundraising already exceeding $1.5 million.
Mega Dice presale has raised over $1.48 million, a promising option. Mega Dice (DICE) is a crypto casino and gaming platform with over 11,000 active users locking in over $50 million in monthly bets. The platform is the first GambleFi project on the Solana blockchain and aims to challenge industry giant Rollbit Coin.
$DICE presale has raised $1.4 million, current tier price: $0.075, current presale goal: $2 million. We are implementing multiple tier price increases, so make sure to buy #DICE early! Don’t forget that you can now use your $DICE directly on our website and Telegram… According to 99Bitcoins, a popular crypto channel with over 700,000 subscribers, $DICE could surge 100x after launch. To join the presale, you can buy $DICE using BNB, ETH, or SOL at $0.075 per token on the official website. You can also get 10% in return for your recommended investor purchases. Related News: Best Cryptocurrencies to Watch in 2024: Top 5 Cryptocurrencies with High Potential, Best Penny Cryptocurrency Investments: Best Picks for Surge Growth in 2024! Best Crypto Giveaways for Investors - Win Free Prizes. Mega Dice - Latest GambleFi Token Ratings. Established crypto betting brand, reported by Cointelegraph - the first licensed Telegram Casino, presale is underway - megadicetoken.com. Access the presale. Join our Telegram channel to stay updated with the latest news coverage.
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