Myro price plunged 25% in the past 24 hours and is trading at $0.166 with a trading volume of 9% up to $48 million. Myro price action remains bullish with the price trading above the 50-day Simple Moving Average (SMA) acting as an immediate support level for Myro price.
Myro price broke the $0.20 support area and the bears retraced the price to a new support area around the $0.16 level. The bears are in control of the price, applying downward pressure.
However, after the upward phase, the bulls are riding a double bottom pattern and have retested the $0.06 level. The price is currently trading above the 50-day Simple Moving Average (SMA) which acts as an immediate support level for the Myro price.
The relative strength index (RSI) has declined from the overbought zone of 80 to 59. However, it remains bullish and is trading above the 50 midline level, showing signs of a rebound.
Myro Price Prediction
The presence of a double bottom strengthens the overall bullish momentum for Myro’s price. Despite the forced retreat of bullish traders, the $0.15 support level could provide a safe landing point for bulls to reorganize their forces to push the price higher and recapture the previous high of $0.2597 around the supply area.
A breakout of this level could lead the bears to push the price further down to test the next support area at $0.146.
With the Myro price bull run finding its footing, Meme Kombat is a great opportunity for investors to reap huge returns, and experts say this GameFi presale will break out when it launches.
The Meme Kombat presale has already raised $7.3 million, close to its $8 million goal.
Meme coin investors are rushing to buy MK tokens at a discounted rate of $0.279.
Highlights from the Meme Kombat presale are as follows:
➡️Our hard cap is $10 million. We have made it clear on the website that the next milestone is $8 million.
➡️We have reached stage 10 of the presale, which means the price will remain at $0.279…
In the first season of Meme Kombat, 11 memes will compete for the title of best and a chance to win great rewards if your predicted character wins.
To participate in these digital clashes, you can place bets using your MK tokens.
The Meme Kombat team will also be integrating Meme Kombat NFTs, which will provide significant utility in MK Season 2, offering a unique blend of art and functionality.
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So far, more than 30 million MK tokens have been staked and more than 6 million MK tokens have been paid out as rewards to participants.
The CryptoNews YouTube channel recently provided detailed insights on how to purchase the Meme Kombat presale and stake MK tokens. The host, Ari, also made a bold prediction about its potential growth after launch.
To purchase Meme Kombat tokens, visit the official Meme Kombat website and link your digital wallet with Ethereum (ETH), USDT, or BNB to exchange for MK tokens.
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