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The Cookie DAO price surged 21% in the last 24 hours to trade at $0.307 as of 3:56 a.m. EST on a 57% increase in its daily trading volume to $146 million.
The COOKIE price surge follows the launch of the Cookie.fun v1.0 alpha and the Cookie Snaps feature on the platform. Following the increase in price, the crypto’s market cap has soared to $185 million, close to the previous all-time high of $192 million it hit in mid-January.
Here’s where COOKIE might be headed next.
Cookie DAO Price Breaks Out Of A Bull Pennant
The 6-hour COOKIE/USDT chart shows a wild ride over the past month. The token entered consolidation late-April but started heating up last week.
After some choppy action, COOKIE broke out, climbing quickly with a few dips along the way to hit $0.3303 before taking a pause and forming a bull pennant.
The chart shows a strong uptrend, with the COOKIE price breaking past key resistance levels at $0.217, $0.237, and even $0.257. The 50 and 200 Simple Moving Averages (SMAs) at $0.21215 and $0.15055, respectively, act like a support, showing the long-term trend is still bullish.
COOKIE/USDT Chart Analysis (Tradingview)
The Relative Strength Index (RSI) is sitting at 78.31, which places COOKIE in deep overbought territory. RSI readings above 70 usually mean a coin might be overbought and could pull back soon.
Meanwhile, the Moving Average Convergence Divergence (MACD) indicator is showing bullish momentum with the MACD line above the signal line, though the histogram is slightly narrowing, hinting at a possible slowdown in momentum.
COOKIE Price Prediction — All Eyes On $0.60
The COOKIE chart has Fibonacci retracement levels mapped out, and the Cookie DAO price is currently retesting the 0 Fib level at $0.323. If the bulls keep showing strength, the next big resistance is at the 161.8% Fib level at $0.429. If this level is broken, COOKIE could aim for the 261.8% Fib level at $0.60—that’s another 66% pump from here.
On the flip side, if profit-taking kicks in (possibly due to the overbought RSI), there might be a dip to the 0 Fib level at $0.323 or even the 0.382 Fib level at $0.257. A continued drop could send the price to the 0.618 Fib level at $0.217. This level lines lines up with the 50-day SMA support. For now, COOKIE price action remains in a solid uptrend.
Meanwhile, investors are also buying up SUBBD Token (SUBBD), a new content creation platform that emerged as a rival to OnlyFans. Crypto YouTuber ClayBro, with over 136,000 subscribers, calls SUBBD a “strong utility-backed pick” that could soar 20x post-listing.
SUBBD Token Presale Zooms Past 521K — Is This The Next 20X Crypto?
SUBBD Token is an AI-driven platform that is positioning itself as a game-changer for content creators. It aims to rival giants like OnlyFans by blending cutting-edge technology with decentralized finance.
With over $521K raised in its presale, SUBBD is catching the eye of investors and creators alike, and it’s easy to see why.
The SUBBD platform is designed to empower content creators by tackling their biggest pain points: time-consuming tasks like editing, scheduling, and fan engagement. By integrating artificial intelligence, SUBBD automates these processes, freeing creators to focus on what they love—making content and connecting with fans.
SUBBD is already resonating with over 2,000 top-tier influencers who boast a combined following of 250 million fans.
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Just tap, pay, unlock – like nothing ever happened. 🤫
SUBBD is built for quiet transactions and loud content. pic.twitter.com/sSjMINjnnT
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The SUBBD token is the heart of this ecosystem. Holders get exclusive perks like early access to platform features, premium content, and even the ability to mint their own AI-powered influencer personas for extra income.
Plus, staking SUBBD tokens offers a hefty 20% APY, a sweet deal for early investors looking for passive income. With the creator economy valued at $85 billion, SUBBD’s potential to disrupt this space is massive.
The SUBBD Token is currently priced at $0.0555, and its presale is moving fast, with a price hike looming in less than 27 hours. Investors can jump in using ETH, USDT, BNB, or even a bank card via the official SUBBD website. Don’t miss out.
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