American Coin Price Prediction: USA Surges 30% As This Red Hot ICO Rockets Past $12 Million

The American Coin price surged more than 30% in the last 24 hours to trade at $0.000006266 as of 5:50 a.m. EST as investors rush to buy the altcoin.

This surge in USA’s price is a continuation of the crypto’s impressive performance over the past week, with the altcoin up more than 144% in the last 7 days.

The American Coin Price Breaks Through Multiple Resistance Levels

4-hour chart for USA/USD (Source: TradingView)

The American Coin price managed to break above both the $0.000004740 and $0.000005484 resistance levels over the last 12 hours. Traders are now attempting to boost the crypto above the next major barrier at $0.000006163.

Overcoming this obstacle could clear a path for the American Coin crypto to keep climbing in the short-term. However, a rejection by the $0.000006163 mark within the next 12 hours might invalidate this bullish thesis.

In this alternative scenario, USA could be at risk of correcting to the recently-breached $0.000005484 point. Continued sell pressure should the altcoin reach this key level might then lead to the American Coin crypto falling to $0.000004740.

Investors and traders will want to pay attention if the American Coin price pulls back this level, since it is confluent with a positive trend line that has emerged on the crypto’s 4-hour chart. 

Therefore, a break below this price point might signal the end of USA’s bullish trend. The American Coin price could then fall to as low as $0.000003974 as a result.

The American Coin Price Still Has Technical Support

Technical indicators on USA’s 4-hour chart are flagging bullish, which suggests its price might rise in the coming 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) point to a continuation of the positive streak.

The MACD line is positioned bullishly above the MACD Signal line, while the former is also breaking away above the latter. This not only indicates that USA is in a bullish trend, but also suggests the positive momentum shows no signs of cooling off yet.

There is also a lot of pressure being exerted by bulls, as signaled by the RSI’s position above 70. Buyers also seem to be still exerting pressure on the American Coin crypto price, as the RSI remains positively sloped.

As the American Coin crypto attempts to keep rising, investors are busy flocking to the blowout Dogeverse presale, which has already blasted past $12.3 million in funds raised.

Merging The Best Of Meme Coins With Bridging Technology

Dogeverse is the first cross-chain meme coin that is already housed on some of the biggest blockchain networks. Polygon, Avalanche, BNB Chain, Ethereum, Solana and even the Layer 2 network Base all play host to the dog-themed crypto.

What sets Dogeverse apart from its meme coin counterparts is the high levels of utility it grants its token holders. Investors are able to seamlessly transfer value between different blockchain networks thanks to advanced bridging technology.

🌌 Emerging from the remnants of a cosmic explosion, #Cosmo, an exceptional #DOGE, traverses #Blockchains.

Symbolizing liberty and discovery.🚀💫

As the envoy of $DOGEVERSE, Cosmo calls for solidarity and innovation, urging everyone to delve into the expansive #Crypto realm.🌐 pic.twitter.com/Cz7Ycqzzsr

— DogeVerse (@The_DogeVerse) April 24, 2024

In addition to being able to seamlessly move value across chains, Dogeverse holders are also able to take part in a variety of decentralized finance (DeFi) protocols deployed on the most active and liquid networks in the Web3 space.

Investors won’t even have to swap out their DOGEVERSE tokens to start earning passive rewards, since the team has already launched a native staking program on Ethereum. Anyone who stakes their tokens now can earn up to 91% in annual rewards.

Investors Identify Dogeverse As The Next Meme Coin To Explode

Crypto analyst and YouTuber ClayBro says he owns Dogeverse and is ”extremely excited about it” because it combines the best of meme coins with superior bridging technology.

Selling for $0.000304, DOGEVERSE can be bought using either ETH, USDT, MATIC, AVAX, BNB, BASE, SOL, or bank card.

Investors will want to hurry, though, because the DOGEVERSE price is set to increase during the next phases of its ICO in less than 48 hours.

DOGEVERSE can be purchased and staked for a 91% annual yield here.

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