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The TG.Casino price soared 41% in the last 24 hours to trade for $0.6697 as of 5:00 a.m. EST time on trading volume that jumped 30%.
With this surge, the TG.Casino price hit an all-time high of $0.7083, data on DEXTools shows.
$TGC now only 65% from the first stop.
Yes, TGC is moving fast. #GambleFi is going to be massive.
Send $TGC to 10 USD with haste! https://t.co/0eXlnKtnDt pic.twitter.com/ZChS95TZkz— Astral (@astral_eth_92) February 4, 2024
Meanwhile, the TG.Casino price looks poised for a correction, with the Relative Strength Index (RSI) at 86. This shows TGC is already massively overbought and a pullback could be underway.
Nevertheless, until such a time when the RSI crosses below the 70 level, TGC holders should hold off from closing their positions. According to Welles Wilder, an asset is only ripe for selling when the RSI crosses below the 70 level.
Those looking to open new long positions, on the other hand, should exercise caution as a correction may be around the corner.
If buyer momentum increases, the TG.Casino price could push north, clearing the range high of $0.7083 and bringing the $0.8000 psychological level into sight. A tag of this level would constitute a 15% climb above current levels.
TradingView: TGC/USD 1-day chart
On the flip side, if profit booking kicks in after the 41% skyrocket in the TG.Casino price, the altcoin could descend to the 23.6% Fibonacci level of $0.5646. Lower, the altcoin could test the 50% Fibonacci level at $0.4015.
In the dire case, TGC could descend to the most important retracement level, 61.8%, at $0.3287. This would constitute a 50% drop below current levels.
Promising Alternative To TG.Casino
With the TG.Casino price risking the aftermath of an overbought asset, MK, a new ICO, looks poised to outperform Bitcoin (BTC), Solana (SOL), and Ripple (XRP) in 2024.
MK is the powering token for the Meme Kombat ecosystem, advertised as “an innovative new gaming platform designed for gaming enthusiasts.” It offers community members a chance to fight out their issues in the arena, represented by meme characters of their choice.
The project is in the presale stage, recording over $8.19 million in sales so far. Traders looking to buy MK can do so on the website, where each token is selling for $0.279.
We did it memers!
The $8 million milestone has been smashed🥊 pic.twitter.com/QZMpfjHSgv
— Meme Kombat (@Meme_Kombat) February 2, 2024
Token holders can leverage the staking dashboard, which went live in November. Staking rewards go as high as 114% currently, with 80% of the entire token bucket already staked, constituting over 34.445 million MK tokens with 11,306 stakers in line for rewards.
The point of $MK is not to just buy and trade, but to stake your token in Meme Kombat. Bet on battles for the chance to win big, with larger, more hyped battles available alongside the regular battles. Participate for a chance to win large prizes.
Do not wait for battles, begin earning APY on $MK tokens today by buying the presale here.
Also Read:
- How To Buy Meme Kombat On Presale – Alessandro De Crypto Video Review
- GameFi Sensation Meme Kombat Blasts Past $8 Million Raised As It Heads For Sellout
- Bitcoin Price Prediction: Top Trader Foresees BTC Halving Plunge To $30K Before New ATH In 4Q, But Experts Say This Cloud Mining Presale Might 10X
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- Staking Pool - High Dynamic APY
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