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The Sure worth has surged 25% within the final 24 hours and 295% prior to now month to trade at $16.85 as of seven:30 a.m. EST on a 194% surge in buying and selling quantity to $58,147.
Sure Worth Spikes Inside A Falling Channel
The Sure worth is buying and selling inside a falling channel sample. Nevertheless, the bulls drove the worth as much as the higher trendline of the falling channel. The help zone at $13.07 has offered a robust platform for the bulls as the worth bounces twice earlier than the upward thrust.
At the moment, the worth is hovering round $16.18 close to the higher trendline of the channel. If the worth breaks above the falling channel, the bulls could drive the worth to reclaim its earlier excessive at $27.13.
YESUSDT Evaluation. Supply: Tradingview
The YES worth indicators are additionally displaying some fascinating traits. The Relative Power Index (RSI) is in a downtrend however nonetheless above the 50 mark. With the elevated momentum, the RSI may soar into the overbought territory of 70, indicating ongoing bullish momentum within the YES market.
The value can be buying and selling above the 50 and 200 easy transferring averages, which is an effective signal of help. Moreover, a transferring common crossover at $5.06 would possibly give the bulls the push they should break above the falling channel at $16.18.
The Transferring Common Convergence Divergence (MACD) is trending upwards, with the blue line crossing the orange sign line, signaling bullish sentiment. The MACD histogram is in constructive territory, additional backing up this optimistic outlook.
Sure Worth Gears Up For A Bull Rally
For merchants contemplating lengthy positions on YES, look ahead to the worth to attain a secure candlestick shut above the falling channel at $16.78. If that is achieved, the bulls may have the chance to drive the worth to a brand new excessive at $27.18.
On the flip aspect, if the worth slips beneath the again to the channel, the bears would possibly take benefit and drive the worth down, forcing the bulls to retreat to $13.28.
The Subsequent 100X GameFi Crypto?
Whereas traders are very optimistic in regards to the YES worth outlook, they appear equally upbeat on Solana GameFi undertaking Mega Dice (DICE), which has already raised greater than $1.37 million in its presale.
$DICE presale has raised $1.three Million 🚀
Present tier worth: 0.075 💰
Present presale goal: $2M 💰We’re implementing a number of tiered worth will increase, so be sure that to safe your #DICE early! Do not forget, now you can make the most of your $DICE instantly in our Net and Telegram… pic.twitter.com/ZYAF8JIA6C
— Mega Cube On line casino (@megadice) June 3, 2024
Mega Cube makes use of cryptocurrency and cutting-edge expertise to make your on-line on line casino expertise smoother and safer. By incorporating cryptocurrencies, the platform ensures sooner transactions and decrease charges.
The platform already has over 50,000 gamers and handles greater than $50 million in bets month-to-month. It additionally provides over 4,000 video games and plenty of sports activities and eSports betting choices.
Rating BIG by becoming a member of our 6,000 USDT #SportsTournament NOW! 🚀
Compete for 20 thrilling prizes each month, together with a jaw-dropping 2,000 USDT grand prize! ⚽
Do not miss out on the motion – decide in at the moment! 🌟
🔗https://t.co/OzfgsmWabc pic.twitter.com/wYUP2OCNWw
— Mega Cube On line casino (@megadice) May 23, 2024
The undertaking is the primary GameFi undertaking on the Solana blockchain and goals to problem the on line casino sector titan Rollbit Coin.
Token holders may also earn by means of the platform’s staking possibility, with the crew setting apart 10% of its complete 420 million token provide as rewards.
You can too be a part of the DICE Season 2 Airdrop and seize a chunk of the $750,000 prize pool. To qualify, simply wager $5,000 or extra between Could 15 and June 28.
The $DICE Season 2 Airdrop is STILL LIVE – Earn Your Share of a $750,000 AIRDROP! 🚨💰
Desire a piece of the motion? Simply wager $5000 or extra between Could 15 and 28 June, 2024, and you possibly can declare your share of the $750,000 airdrop! 😍 With a most airdrop of $37,500 per participant,… pic.twitter.com/YiFxEUucRx
— Mega Cube On line casino (@megadice) May 31, 2024
In accordance with the 99Bitcoins YouTube channel, with greater than 700ok subscribers, DICE may 100X after launch.
In case you’d like to hitch the presale, you should buy $DICE on the official web site for $0.075 per token. You can too earn 10% on any purchases made by traders you refer.
Buy DICE here using BNB, ETH, or SOL.
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