BitTorrent Price Prediction: BTT Peaks With 5% Growth, Yet This Meme Coin Could Surpass 100x

Join Our Telegram channel to stay up to date on breaking news coverage

The BitTorrent price has started the week with a bang, soaring 22% on Sunday to breach the $0.0000004586 resistance level. However, the breakout proved premature, with the price pulling back 12% to close the October 29 trading session at $0.0000004319. In the Monday session, BTT attempted another breakout, with its intra-day high testing the $0.0000004586 roadblock. At 10:40 am EST, BitTorrent’s price is $0.000000447, featuring among the day’s most significant gainers.

Top Daily Crypto Gainers | 30/10/23

1- #AxieInfinity $AXS⁰2- #GALA $GALA
3- #BitTorrent $BTT
4- #InternetComputer $ICP
5- #Decentraland $MANA

Source: @CoinMarketCap pic.twitter.com/qoH9Te8kJf

— Sjuul | AltCryptoGems (@AltCryptoGems) October 30, 2023

BitTorrent Price Prediction After Solid Recovery Rally

BitTorrent’s price is sitting on the support confluence between the horizontal line and the 100-day Exponential Moving Average (EMA) at $0.0000004268. Increased buying pressure above current levels could see BTT shatter past the $0.0000004586 level, potentially going as high as reclaiming the Sunday high of $0.0000004919.

A decisive candlestick close above the immediate hurdle at $0.0000004586 would mark the completion of the recovery rally, setting the stage for a solid uptrend. In such a case, the altcoin could shatter past the critical resistance at $0.0000004902, clearing the equal highs.

Meanwhile, the Fair Value Gap (FVG), which extends from $0.0000005111 to $0.0000005233, continues to act as a magnet for BitTorrent price. An FVG represents an inefficiency or imbalance that needs to be filled. As long as the price does not test it, there remains a magnet pull, beckoning an uptrend to fill this inefficiency.

In a highly bullish case, BitTorrent’s price could extend to test the FVG. To confirm an uptrend past this order block, BTT must break and close above its midline, otherwise termed “consequential encroachment,” at $0.0000005170. A decisive move above the aforementioned level could send BTT to the $0.0000005500 psychological level. Such a move would constitute a 25% climb above current levels.

The Relative Strength Index (RSI) is above the 70 level, recording 78, which means BTT is massively overbought. However, it is still not ripe for selling, considering its overall trajectory is still upwards. The outlook also draws support from the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD). Both indicators are in the positive territory, with green histogram bars to show bulls are leading the market.

BitTorrent price — TradingView: BTT/USDT 1-day chart

Promising Alternative To BitTorrent

MK is the ticker for the Meme Kombat ecosystem, “an innovative new gaming platform designed for gaming enthusiasts.” It offers a wide range of opportunities for traders, ranging from active betting to passive staking, with rewards for all users.

It's never too late frens.

Reply with an emoji that perfectly describes your feeling about crypto right now👇 pic.twitter.com/X4RyMWgDx8

— Meme Kombat (@Meme_Kombat) October 29, 2023

Investors looking to buy MK can do so on the Meme Kombat website using Ethereum (ETH) or Tether (USDT) stablecoin. The token is selling for $0.1667 in the current stage, with the price set to increase in three days. Beat that deadline for early profit even as the project edges towards the $1 million target. Based on the latest update on the website, the collections now indicate a staggering $873,997, with $900K now in sight.

New week. New possibilities.

Gonna be a big one for Meme Kombat as we approach $900k in presale💪 pic.twitter.com/IrItVNW1Fu

— Meme Kombat (@Meme_Kombat) October 30, 2023

Combat is ruthless in the Meme Kombat ecosystem, with every player free to choose their contender. Your choice is unlimited; go with the playing odds or your favorite character. It is entirely up to you.

Kombat is ruthless⚔️ pic.twitter.com/7mM1PEXSwd

— Meme Kombat (@Meme_Kombat) October 30, 2023

Once you buy Meme Kombat, you do not have to wait for the presale to end. Head over to the website and stake your MK tokens for rewards. The Annual Percentage Yield (APY) is 112%.

Investors are flocking to the newest GameFi project presale in 2023, with some saying it has the potential to dethrone PEPE and achieve 100X growth.

MK is among the top three ICOs to buy in 2023, standing alongside BTCMTX and TGC. It also boasts a position on CoinMarketCap and decentralized exchanges (DEXs) UniSwap and PancakeSwap.

Visit Meme Kombat to buy its powering token, MK, here.