Wemix Price Prediction: WEMIX Token Jumps 10% As This GameFi Ace Closes On $1 Million In Presale

Updated: 31 October 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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The Wemix price has jumped 10% in the last 24 hours, bringing its trading price to $1.29 as of 5:48 a.m. EST as trading volume rose 18% to $2.6 million.

This rise was fuelled by the ongoing WEMIX airdrop with today the last day to enter the event.

The last day to hop on the #WEMIXPLAY Drops, Airdrop event!

We are giving a friendly reminder to those who haven’t joined the Airdrop event that it is the last day to participate in the Airdrop event held in Drops!

Amazing NFTs are being sold in Drops, so come and check it out!…

— WEMIX (@WemixNetwork) October 31, 2023

Wemix Price Bulls Could Be Aiming At $2.06 Level

The presence of the ascending triangle has fueled the bullish momentum as the price rebounds on the lower trendline of the triangle after facing rejection at the $1.29 resistance level.

WEMIX/USD Chart Analysis. Source: Tradingview.com — WEMIXUSD Chart Analysis. Source: Tradingview.com

WEMIX price shows a recovery from the $0.58 support zone, thwarting the bears from making additional gains.

Presently, the price indicates a potential downtrend, having reached the $1.29 resistance level and forming a double-top pattern, indicating a shift toward a bearish trend.

Conversely, the bulls may muster enough strength to breach the $1.29 resistance, with their sights set on achieving new highs. If the momentum continues, the bulls could target the $2.06 resistance level.

The price has successfully breached the 50-day and 200-day moving averages, effectively surpassing the $1.09 critical resistance point. These moving averages now act as immediate support for the price, confirming the continuation of the bullish trend.

Furthermore, the confirmed crossover of the 50 SMA over the 200 SMA might entice a more significant number of buyers, thereby ensuring the bull rally.

The relative strength has experienced a recovery, rising from 39 and surpassing the 50-level mark to enter the overbought region at 70. This signifies significant buying pressure, aligning with the price movement ranging from $0.85 to $1.29.

Even so, the bears could capitalize on the $1.29 resistance and push the price down to the $1.05 support level. If a candlestick opens below this threshold, it might lead to further losses for the bulls, potentially reaching the $0.84 support zone.

Meme Kombat presents an attractive alternative option for investors worried about that downside risk while looking for potential profits and staking benefits.

Meme Kombat (MK): Less Than 2 Days to End Presale

Investors are buying MK Tokens before the presale concludes in less than 2 days. The presale has already achieved $921,541.83 of its $1 million fundraising target.

Presently, each token is available at $0.1667. However, with less than 2 days left in the ongoing presale phase, it’s imperative to make your purchase promptly, as the price is set to rise to $0.1833 in the subsequent stage on November 2, ensuring a confirmed 10% increase.

🔥 #MemeKombat UPDATE 🔥

Staged Presale = ON

▪️ NOW: 0.1667 USD
▪️ Nov 2nd: JUMPS to 0.1833 USD

The timer is set! Secure your $MK before the rise! ⏰ pic.twitter.com/LMreT8M2Ce

— Meme Kombat (@Meme_Kombat) October 23, 2023

Meme Kombat combines memes and artificial intelligence to create a competitive arena on the Ethereum Network.

The platform’s presale offers automatic staking benefits and a wide range of betting options, underpinned by a well-thought-out tokenomics plan for long-term sustainability.

Moreover, those using the MK platform can bet on meme competitions using their tokens.

If the meme they select happens to be the victor, they receive a portion of the prize pool. There’s also the option of collaborative betting, with winnings distributed among participants.

Join MK Kombat, Earn Prizes, Enjoy 112% APY

Meme Kombat’s staking options (S2E and P2E) provide enticing avenues for generating passive income, boasting a substantial Annual Percentage Yield (APY) of 112% in the presale phase.

Investors can leverage $MK on the Meme Kombat Platform to secure passive income.

Presale just cruising up to $900k and not looking to slow down🏎️

Another brilliant video by @cryptonews!
Full video 👉 https://t.co/s60P6dheWL $MK #MemeKombat pic.twitter.com/GZ9CwCkOrn

— Meme Kombat (@Meme_Kombat) October 30, 2023

The platform offers automatic staking advantages during the presale, a variety of betting choices, and a thoughtfully designed tokenomics model for long-term growth.

To gain a comprehensive insight into Meme Kombat’s operations, particularly its staking feature, Cilinix Crypto’s YouTube video takes an in-depth look at the project.

Cilinix, who has a subscriber base of 34.7k, shares his firsthand experience with the presale and offers guidance on the buying process and the advantages of S2E and P2E.

To acquire MK tokens, visit the MK website and link your Web3 wallet. From there, you can exchange ETH, BNB, or USDT (ERC-20 and BEP-20) for $MK tokens.