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The Fight price pumped over 38% in the past 24 hours to trade at $0.01138 as of 7:45 a.m. EST as investors rush to purchase the meme coin.
This recent surge in the FIGHT price follows an assassination attempt on the former President Donald Trump during a campaign rally on July 13.
The Fight Price Falls Out Of An Ascending Channel
1-hour chart for FIGHT/USD (Source: GeckoTerminal)
The Fight price fell out of a short-term medium price channel in the last couple of hours. As a result, the meme coin is now at risk of testing the immediate support level at $0.01044. Breaking below this critical price point could then expose FIGHT to the risk of plunging to as low as $0.005530 in the following 24 hours.
However, the Fight price remaining above $0.01044 for the next 4 hours could invalidate the bullish thesis. Traders might subsequently decide to enter into a long position for the meme coin.
With the potential buy volume, FIGHT could accumulate the momentum needed to challenge the $0.01535 resistance. Continued buy pressure should the altcoin reach this threshold might push the crypto’s price to $0.02039.
Technicals Warn The Fight Price Might Lose The $0.01044 Support
Technical indicators on FIGHT’s hourly chart warn the meme coin’s price could lose the $0.01044 support level soon. More specifically, the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are showing negative signs.
RSI readings have dropped from 60 to below the crucial 50 benchmark throughout the past few hours. Traders might see this as a sign that sellers have gained the upper hand against buyers on FIGHT’s chart. It could subsequently be easier for bears to force the Fight price down in the next couple of hours than it will be for bulls to push it up during the same period.
A major bearish technical flag is also on the verge of being triggered by the MACD indicator. In the last couple of hours, the MACD line has been collapsing towards the MACD Signal line. An intersection between these two indicators could signal that FIGHT has entered a short-term negative trend.
As technicals start to flag bearish on FIGHT’s hourly chart, investors could turn to AI meme coin WienerAI (WAI) to grow their capital as the crypto’s ICO enters its final stage.
A Canine-Themed Token With Powerful Analytical Capabilities
Unlike the dog-themed cryptos that came before it, WienerAI (WAI) comes with high levels of utility. With its ability to take in chunks of market data to uncover hidden insights, the project aims to assist investors and traders in making more informed decisions.
Fine-tuned to analyze the crypto markets, WienerAI is the perfect tool for traders looking to boost their profits.
In addition to identifying trade opportunities, WienerAI also offers WAI holders a seamless token swap solution and MEV protection. This ensures that traders are able to almost instantaneously execute their orders without the worry of being front run by MEV bots.
With its suite of trading tools and its appeal to meme coin investors, WAI’s price could surge in the coming weeks. Renowned YouTuber ClayBro recently shared that he is bullish on WienerAI in a video for his 130,000 subscribers.
Time Is Running Out For Investors To Buy WAI At ICO Prices
Investors have sent more than $7.4 million to WienerAI’s presale so far, signaling strong confidence in the project’s future. With the ICO’s conclusion less than 15 days away, time is running out for investors to acquire the token at pre-launch prices.
WienerAI is about to take off!
Get ready for a new era in AI-powered trading 🌭🚀 pic.twitter.com/jnw52GIQjc
— WienerAI (@WienerDogAI) July 15, 2024
There is also a lucrative staking opportunity available for buyers at this early stage. Anyone who buys and locks up WAI before WienerAI’s ICO ends will become eligible for a 151% APY.
To get in on these rewards, investors can purchase the token through the simple buy widget embedded on the project’s official website. Selling for $0.00073, WAI can be bought using either ETH, BNB, USDT or bank card.
Purchase and stake WAI here before its presale ends.
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