Bounce Token Price Prediction: AUCTION To Increase by $0.3 Over the Next Week

Updated: 20 September 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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AUCTION’s price on September 20, at 5:48 am EST, is $6.09, with a 19% increase in the past 24 hours. It ranked among the top gainers this week, increasing 38% in the last seven days.

Furthermore, its trading volume is up by 109.9% today, confirming that the buyers are not relenting with the rally.

Bounce Finance, the protocol behind AUCTION, released a Weekly Newsletter with exciting updates that will likely further boost the token’s price in the coming days.

Flashbot Auction Likely to Boost Bounce Finance Adoption

Meanwhile, on September 12, Bounce Finance introduced the Flashbots Auction as a new system for auctions that promotes privacy.

Bounce Finance’s Research: Flashbots Auction

This research explores the features of Flashbots Auction: Private Transaction Pool for enhanced privacy, Sealed-Bid Blockspace Auction for fairness, Frontrunning Protection for security, and MEV efficiency🔎👇https://t.co/9jUqi5CRMl

— Bounce Brand (@bounce_finance) September 12, 2023

Previously, Ethereum transactions were exposed to the public, leaving participants’ details visible to the public. However, Flashbots Auction changed this system, introducing a private transaction pool. Users can securely process their transactions while maintaining privacy on the blockchain.

Also, the Flashbots Auction gives users a smoother experience with predictable gas fees, building trust in the ecosystem.

Interestingly, Bounce Finance offers ten types of on-chain auctions across 40 blockchains with flexibility and accessibility. Also, users can create customized auction pools for their specific needs or join existing pools for more competition.

The ongoing AUCTION price rally coincided with these auction events. Therefore, chances are high that the growing relevance of blockchain-powered auctions could be the primary driving factor to the token’s growth.

On the daily price chart, AUCTION is in an uptrend, trading above the trend line.

AUCTION Enters Massive Accumulation Phase Ahead Of Potential Return To $7

AUCTION has formed a large green candle on the daily chart as buyers increase pressure in the market. It now trades near the upper band of the Donchian Channel (DC), confirming that more buyers are opening long positions.

The Moving Average Convergence/Divergence (MACD) displays a strong buy signal as it positions above its signal line with bullish histogram bars.

Furthermore, the Relative Strength Index (RSI) is about to break into the overbought region, displaying a value of 69.9. If AUCTION moves into the overbought zone, then the buyers will likely seek to take profit. However, the bulls attempt to conquer the nearest resistance level for additional profit.

AUCTION Testing $6.3 Resistance as Buyers Attempt Rally to $7

AUCTION has found support at $5.07, leading to its rally today to break above the $6.12 resistance. Also, its upper wick is testing the next support level of $6.3, and a break above this level will send the asset to $7.

Based on its historical data, the $5.07 support has proved critical as a rallying point for buyers. After finding support at this level between July 22-25, AUCTION rallied to break above the $6.1 and $6.3 resistance levels.

It traded at $10 on July 27 after breaking above this level. AUCTION will likely rally to $7 in the coming days if the buyers sustain their charge.

While AUCTION continues its rally, investors can exploit Bitcoin BSC’s ongoing presales.

Bounce Best Alternative – Bitcoin BSC (BTCBSC)

Bitcoin BSC (BTCBSC) is a green crypto token offering a great investment option besides AUCTION. It is developed on the BNB Smart Chain and offers speed, high scalability, security, and stability.

Also, the project has sustainable features for enthusiasts seeking to diversify their portfolio. Bitcoin BSC uses a stake-to-earn crypto model, proving its high energy efficiency.

Explosive Presale and Attractive Stake-to-Earn Program

Bitcoin BSC offers users an attractive entrance gateway through its low-price presale.

Proof of Bitcoin BSC’s increased adoption is its great achievement of more than $3.4 million in the presale. This milestone represents over 56% of its set target of $6.06 million.

https://twitter.com/Bitcoinbsctoken/status/1704408088919368021

Further, Bitcoin BSC offers a real-world utility through its Stake-to-Earn program. Users can get passive income by staking their BTCBSC tokens on the platform. The Stake-to-Earn program offers over 100% APY, a value higher than most staking pools in the crypto industry.

Following its lucrative and attractive features, the Bitcoin BSC staking pool already has over 1.78 million staked coins. Investors can purchase BTCBSC and enjoy its unique functionalities from its official website using ETH or USDT.