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The Just A Chill Guy price plunged over 7% in the last 24 hours to trade at $0.5141 as of 11:12 p.m. EST as investors decrease their exposure to the meme coin.
Despite the 24-hour drop, the CHILLGUY price is still up more than 33% over the last 7 days.
Just A Chill Guy Price Hovers Above Key Support
4-hour chart for CHILLGUY/USD (Source: GeckoTerminal)
The Just A Chill Guy price has started to consolidate above the $0.4650 support level in the last few hours after dropping below the $0.5777 mark throughout the last day of trading. If the meme coin’s price falls below $0.4650 in the coming 12 hours, it could stand the risk of plunging all the way down to the next technical safety net at $0.3315.
On the other hand, the Just A Chill Guy price staying above $0.4650 for the next 12 hours might invalidate the bearish thesis. Traders could end up entering into long positions for the meme coin in this alternative scenario. With this potential buy pressure, CHILLGUY could try to reclaim the $0.5777 support and potentially rise to as high as $0.6779.
Bulls Could Soon Take Back Control Of The Just A Chill Guy Price
From a technical perspective, indicators on the meme coin’s 4-hour chart are starting to show early signs of a potential bullish reversal of CHILLGUY’s current negative trend. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) suggest bulls could take control of the Just A Chill Guy price in the coming 24 hours.
The latest RSI reading is above 50, which could be seen as an indication that bulls are slightly stronger than bears. With the positive slope of the RSI line, it seems buyers are still accumulating strength against sellers as well. This could lead to an increase in the meme coin’s price.
Meanwhile, the MACD suggests CHILLGUY’s negative momentum is losing steam as the MACD line starts to rise toward the MACD Signal line. If the gap between these two technical indicators continues to shrink, it could lead to a bullish crossover.
As the Just A Chill Guy price tries to stay above the $0.4650 support, the presale for meme coin rival Crypto All-Stars (STARS) is charging toward $7 million in funds raised.
An Innovative Staking Platform Offering Competitive Meme Coin Staking Rewards
Crypto All-Stars (STARS) is a unique meme coin project that offers an innovative meme coin staking solution called the MemeVault, which allows investors to stake a variety of leading meme coins on a single platform.
The list of cryptos that can be put to work on the MemeVault platform on launch will be DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO, with more options scheduled to be added in the coming months.
All meme coins staked on the MemeVault will generate passive crypto rewards that are paid out in STARS. These rewards can then also be staked. Currently, anyone who stakes STARS can unlock access to a huge 303% APY.
With the opportunity to put multiple meme coins to work for passive rewards on a single platform, combined with the high native staking yield currently on offer, it’s easy to see why experts are bullish on STARS.
In a recent video, YouTuber ClayBro told his more than 130K subscribers that STARS could surge 10X after launching.
Crypto All-Stars Offers Last Chance To Buy During Presale
To date, Crypto All-Stars has raised over $6.8 million through its presale, signaling strong investor confidence in the project’s future. With just 21 days left for investors to get in on the ground stage of the meme coin, a FOMO frenzy is erupting around the meme coin’s ICO.
Investors who want to purchase STARS can do so using the simple buy widget embedded on the project’s website. Selling for $0.0016384, the token can be bought with either ETH, USDT, BNB, FLOKI, SHIB, PEPE, DOGE or bank card.
Once purchased, the STARS tokens can then be locked up through the staking page for the 303% APY.
Purchase and stake STARS here for the 303% APY.
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