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The Plume price soared over 18% in the last 24 hours to trade at $0.1805 as of 5:11 a.m. EST as investors go long on the altcoin.
The surge in the PLUME price comes after YZi Labs announced an investment in Plume Network.
Today, we're thrilled to announce @yzilabs's investment in Plume to further our mission of bringing the real world onchain.
As the first full-stack chain for RWAfi, we're building infrastructure to enable the onboarding of RWAs into a composable ecosystem with crypto-native… https://t.co/YQZIKl0Sjw
— Plume – RWAfi L1 (@plumenetwork) March 17, 2025
Plume Price Bounces Off Of Support
4-hour chart for PLUME/USD (Source: GeckoTerminal)
The Plume price rebounded off of a support level at $0.1663 in the last couple of hours after a brief correction earlier in today’s trading session, according to data from GeckoTerminal. Should the crypto continue to rise, it might try to flip the resistance level at $0.1913 into support. A 4-hour candle close above this mark could then result in a climb to as high as $0.2138.
On the other hand, a sudden drop due to profit taking or a change in market trends could result in the Plume price plunging below the $0.1663 support. Continued sell pressure might then force the crypto’s price all the way down to $0.1467.
Technical Indicators Warn Of An Impending Plume Price Drop
From a technical standpoint, indicators like the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) on the 4-hour chart warn the Plume price might pullback in the coming few hours.
In the last couple of hours, RSI readings have plunged from deep overbought territory above 80 to around the mid 60s. This indicates a sharp drop in buyer strength. What’s more, the current reading is closer to overbought territory than oversold territory. This could be a warning that PLUME’s downside potential is greater than its upside potential.
Meanwhile, the MACD line has started to drop towards the MACD Signal line. Traders might see this as a sign that PLUME’s bullish trend is nearing its end. Should the MACD line cross below the MACD Signal line, it could indicate that the Plume price has entered a new bearish cycle. This could subsequently lead to a price drop.
As PLUME faces a potential short-term correction, investors are turning their attention to BTC Bull Token (BTCBULL) to grow their portfolios. According to Alessandro De Crypto, a popular YouTuber with over 14.4K subscribers, the crypto has the potential to print massive gains for investors.
A Meme Coin Offering Investors Free Bitcoin
BTC Bull Token is a Bitcoin-themed meme coin that aims to support the largest crypto by market cap on its journey to $1 million per coin and beyond. As the crypto market king soars to new heights, BTC Bull Token will reward its token holders with BTC airdrops and BTCBULL token burns at certain price milestones.
According to the project’s website, BTCBULL token holders will receive free Bitcoin via airdrops when BTC hits $150K and $200K for the first time.
Meanwhile, BTCBULL tokens will be permanently removed from the supply when Bitcoin reaches $125K, $175K and $225k for the first time. This will make the meme coin more scarce, which could result in a skewed supply and demand ratio that might very well lead to a BTCBULL price surge.
With Bitcoin trading above $83K, BTCBULL presents investors with a much cheaper alternative to gain BTC exposure. What’s more, the project’s link to BTC and its meme coin appeal give BTCBULL all of the ingredients needed to become a leading name in the crypto market.
Investors Rush To Get BTCBULL At Presale Prices
Investors are flocking to BTCBULL’s ongoing presale, which has already raised more than $3.76 million. The buying frenzy around the meme coin at this early stage is likely to continue given the 113% APY on offer to anyone who buys and stakes BTCBULL tokens during this presale phase.
Investors looking to gain access to these rewards will first need to buy the meme coin via the widget embedded on the project’s website. Selling for $0.002415, BTCBULL can be bought with either crypto or bank card.
After getting a hold of some BTCBULL, investors can then navigate to the staking page on the project’s website to put their tokens to work and start earning the attractive passive crypto rewards.
Interested investors who want to lock in the best rate will want to act fast, because BTCBULL’s price will undergo a presale increase in around 24 hours.
Visit the BTC Bull Token website.
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