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The GT Protocol price has surged 40% in the last 24 hours to trade at $1.85 as of 11:29 p.m. EST, with its trading volume jumping 32% to $14 million.
GT Protocol Price Trades A Cup And Handle Pattern
The GT Protocol price signals a continuation of a bullish trend as the price has formed a cup-and-handle pattern. The support zone at $1.2 has given the bulls a springboard to recover the losses accrued during the price decline.
The bulls have shown resilience despite the pullback at the $1.93 resistance, rebounding at the $1.62 support zone and forming the handle part of the pattern to drive the price up the distance x of the cup depth.
The price trades above the 50-day simple moving average (SMA), affirming the bullish momentum, with the price almost completing the handle part of the pattern.
The Relative Strength Index (RSI) indicates a rebound on the 50 midline level, reaching 63. If the momentum continues, the RSI could reach the overbought level of 70.
GT Protocol Price Prediction
The general trend for the Cartesi price remains bullish. The presence of the cup and handle pattern provides better ground for the bulls to drive the price up, targeting the $2.63 mark.
As traders await the bull rally confirmation above the $1.93 resistance, investors looking to diversify are examining the new green AI coin, eTukTuk, on the Binance Smart Chain.
eTukTuk Presale Has Crossed $600,000 – Best Altcoin To Buy Now
The eTukTuk presale has already surged past $600,000 with about $66,000 left to hit a $680,000 soft cap. With less than two days left, you can buy eTuktuk tokens at $0.026 each before a price hike.
As an innovative project, eTukTuk aims to revolutionize the transportation industry by introducing electric TukTuks and sustainable charging infrastructure in developing countries. The platform will tackle carbon emissions, improve health, and foster financial inclusivity.
1/ Ready for a game-changer?
Let's talk about how shifting to renewable energy isn't just crucial for our planet, but it might just pay for itself within six years. 🔄🧵 pic.twitter.com/TZXK8dse5M
— eTukTuk (@eTukTukio) October 6, 2023
eTuktuk operates on the Binance Smart Chain, employing a decentralized sharing economy model for scalability, security, and efficiency. At its core, the project focuses on eco-friendly Electric Vehicle Charging Station Infrastructure (EVSE) and introduces affordable electric Tuk Tuks (eTukTuks).
Happy New Year from eTukTuk! 🎉
As we usher in 2024, let's ride into a year of green journeys, sustainable choices, and impactful collaborations.
Together, let's drive change and make it a year of sustainable mobility! 🚗💚#NewYear2024 pic.twitter.com/IfP0xdGi05
— eTukTuk (@eTukTukio) January 1, 2024
By offering a cleaner, healthier alternative to traditional internal combustion engine (ICE) Tuk Tuks, the project has positioned itself as a leader in the EVSE sector.
Switching from the old, noisy, and polluting ICE tuktuks to the sleek, quiet, and eco-friendly eTukTuk – because progress is not just about moving, it's about moving forward responsibly 🌿🚗#ElectricVehicles #Memes pic.twitter.com/BWkoU3T09D
— eTukTuk (@eTukTukio) January 7, 2024
A Chance To Stake, Play And Earn Rewards and Prizes
You can buy and stake your $TUK tokens on the eTukTuk platform and receive an annual percentage yield of 350%. These rewards are in addition to the regular price increases during the presale before the launch. The more you stake, the higher your rewards.
Additionally, the project team plans to launch a play-to-earn (P2E) game called Crazy Taxi. In the game, players navigate the busy streets of Pakistan, ferrying passengers to various locations. They earn $TUK tokens for each completed mission, levelling up and unlocking new global cities.
Crypto analyst Jacob Bury says that projects like these are the future of crypto. He also predicts a 10X growth potential for $TUK.
You can buy $TUK tokens today by visiting the official eTukTuk website. Swap BNB or USDT for $TUK tokens or buy directly using your bank card.
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