CyberConnect Price Prediction: CC Surges with 123% Upswing

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The web3 social network, CyberConnect (CYBER) has hit significant milestones in just a few days, which has impacted its price today.

On August 16, CyberConnect (CYBER) was listed on Binance, and 19 hours later, CyberConnect and Animoca Brands collaborated to build a decentralized social layer for Mocaverse.

Given these milestone achievements’ excitement and positive sentiment, the network’s price has increased dramatically.

We’ve teamed up with @CyberConnectHQ to develop a decentralized social layer for @MocaverseNFT. 💪

Our portfolio companies can now leverage #Web3's first scalable social network to unlock unique experiences across games, products, and services. https://t.co/l6eRRRG5t3

— Animoca Brands (@animocabrands) August 15, 2023

Although it has been facing increased selling pressure in the last 24 hours, CYBER’s potential for significant upswings is within reach.

CyberConnect (CYBER) Records Red Trends in Crypto Market – What’s Next?

At 7:01 am EST today, August 17, CyberConnect (CYBER) is down by 21%, and its market value is $3.97. Again, its trading volume is down by 74%, recording over $50 million in the last 24 hours. Despite the bearish trend on CYBER’s price today, there are speculations that the coin could surge by 100% in the long run.

CYBER/USD Daily Chart

In the chart above, the coin is facing an oversold market condition. It’s trading a few pips above the lower Bollinger Band. This means that the price may have declined rapidly or significantly, possibly leading to an excessive downward movement.

Traders and analysts often interpret this as a sign that the cryptocurrency might be due for a potential price reversal or a bounce back. However, it’s important to note that oversold conditions can persist, and a bounce is not guaranteed.

Also, its Relative Strength Index (RSI) is at 30.18, moving in the oversold region (below 30). This confirms that the cryptocurrency’s price has experienced a significant and possibly rapid decline.

As such, the market might be due for a potential price reversal or bounce before the weekends because traders might consider buying (going long), anticipating the price to bounce back in the short term.

Also, CYBER’s Moving Average Convergence Divergence (MACD) indicator is below the signal line and has a bold red histogram bar. This suggests a potential bearish momentum and a weakening trend in the market.

Also, the bearish MACD signal with red bold histogram bars reflects negative market sentiment, indicating the intense selling pressure on CYBER’s price today.

Traders might consider short positions (selling) or reducing long works based on the bearish MACD signal.

Since market conditions can change rapidly, staying updated on news and events that might impact the cryptocurrency market and managing risk appropriately in your trading or investment strategies is essential.

Factors That Could Boost CYBER’s Positive Market Movement

The recent collaborations and achievements, as well as upcoming partnerships, are factors that could boost CYBER’s positive market movement.

According to recent tweets on Twitter, CyberConnect (CYBER) is now on the Crypto.com platform, Aspecta, and Binance.

CyberConnect is listed in the https://t.co/vCNztATSCO App 🔔
Buy $CYBER at true cost with USD, EUR, GBP, and 20+ fiat currencies.

Download the App to start trading #CYBER now!
👉 https://t.co/jt6bDD9fig

For more details – https://t.co/EFRZFNTEYl @CyberConnectHQ pic.twitter.com/j3BRZAnQbv

— Crypto.com (@cryptocom) August 15, 2023

By listing on these decentralized and centralized exchanges (DEX and CEX), the coin’s potential to reach a wider audience and adoption has increased.

As crypto enthusiasts and traders commence trading with CYBER, its value will likely increase.

Also, CyberConnect has partnered with experts from various organizations like Biconomy, AlchemyPlatform, BloctoApp, pimlicoHQ, and ParticleNtwrk. This partnership intends to demystify the mystery behind account abstraction to give crypto wallets a facelift as soon as possible.

Considering the increased partnerships in CyberConnect’s ecosystem amid its bearish market, it’s likely to face several implications and effects on the market:

The increased partnerships, positive news, and developments can generate positive sentiment around the CYBER, counteracting the negative emotion and temporarily boosting confidence among investors and traders.

Also, the increased interest from partnerships might attract new buyers or discourage some sellers, leading to less aggressive downward pressure on the price.

Moreover, partnerships are often seen as a sign of a project’s long-term viability and potential for adoption.

Partnerships with established companies or platforms could signal that cryptocurrency has real-world utility and value beyond short-term market fluctuations. As such, CYBER coin can experience positive signals and potentially enjoy short-term price stability or rebounds.

While the coin projects value appreciation in the future, investors can hold onto this new revolutionary meme coin with a community-conscious approach, Wall Street Memes (WSM).

Wall Street Memes Striving for Additional $1.3 Million to Hit Presale Benchmark

The hottest presale of 2023, Wall Street Memes (WSM), has now reached $24.6 million out of its $25.9 million initial valuation, which means it’s remaining an additional $1.3 million to hit the presale benchmark.

If the increasing attention is a sign, $WSM is set to make bigger explosions than Pepe.

Wall Street Memes (WSM) is a meme crypto extension derived from the Wall Street Memes movement, a community boasting more than a million followers, primarily comprising investors, business leaders, and traders.

As a popular meme project, Wall Street Memes revolves around capitalism, making its content even more viral across the crypto community and the internet.

A notable attribute of this meme crypto is its straightforward mission. Rather than making lofty commitments, it transparently acknowledges that the token lacks any intrinsic purpose or functionality.

Wall Street Memes is an unadulterated meme coin initiative. It lacks any product development and rests its foundation solely on the strength of the community. Given its community-conscious approach, Wall Street Memes offers its native token, $WSM, in presale for $0.0334.

Within 24 hours, the token’s price will increase to $0.0337, at which WSM will hit several exchanges. Interested investors can buy early to be a part of the high-growth potential of this meme-driven crypto project.