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The Andy price surged 30% in the last 24 hours to trade at $0.0002275 as of 10:14 p.m. EST on trading volume that skyrocketed 195% to $27 million.
Andy Price To Sustain Its Rally Towards A New ATH
After its launch in March, the Andy price went through a consolidation phase of around $0.0000105, according to data from GeckoTerminal. However, in April, the bulls won the struggle for dominance, gradually propelling ANDY to new highs every week, which allowed ANDY to hit an all-time high (ATH) of $0.0002484.
The Andy price fluctuations led to the formation of a triple bottom pattern, which encouraged the bulls to stage a reversal from mid-May. As a result, ANDY has been able to soar 326% in the last 14 days.
ANDY’s bullish prospects are strong, with the token trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), as the two SMAs act as the immediate support levels at $0.000142 and $0.0000830.
Furthermore, the Relative Strength Index (RSI) trades within the overbought region at 74, an indication of continued investor optimism as the RSI shows that the asset is under intense buying pressure.
The Moving Average Convergence Divergence (MACD) supports the bullish sentiments as the MACD line (blue) crosses above the signal line (orange), representing a bullish crossover. A bullish crossover encourages investors to buy more, which could propel the price to a new ATH.
The green bars on the histogram also extend above the zero line, which shows that ANDY is currently on a positive momentum.
Andy Price Prediction
The Andy price analysis on the 4-hour chart indicates that ANDY is currently on a strong bullish trend, as the bulls capitalized on the price hitting a triple bottom pattern.
Major indicators, including the RSI and MACD, cement the bullish prospects of the price. The 50-day SMA also crosses above the 200-day SMA, forming a golden cross at $0.0000712, which encourages the bulls to push the price, targeting a new ATH around $0.0003.
However, with the RSI and MACD indicating that the asset is highly overbought, there may be an incoming price correction which may drive ANDY through a retrace, with the bulls retreating to the support level around $0.0000830.
Meanwhile, as the ANDY bulls aim to push the price to a new ATH, some investors are also buying a new DOGE derivative ICO called PlayDoge. Based on the price explosion of BabyDoge, some analysts say PlayDoge has the potential to 170X after launch.
According to 99Bitcoins, a crypto channel with over 700,000 subscribers, $PLAY “could be absolutely huge.”
PlayDoge Meme Coin Raises Over $795K – Best Crypto To Buy Now
In barely more than three days since its launch, PlayDoge (PLAY) has amassed over $795K as its ICO explodes. Just like Dogecoin, $PLAY is a meme coin centered on the Shiba Inu dog breed, but similarities end there.
PlayDoge is a mobile-based play-to-earn (P2E) game that transforms the DOGE meme into a Tamagotchi-style virtual pet, which allows users to earn $PLAY tokens.
The project’s mascot is PlayDoge, a virtual dog that acts as a P2E companion. As PlayDoge integrates P2E mechanics, players will be able to earn rewards by caring for their pets and taking it on adventurous journeys.
Don’t ghost your #Doge or it’ll die 👻
Feed your Doge, earn rewards, and level up. No mazes, just fun!#Presale has launched! 🙌#PlayDoge #P2E #Memecoin pic.twitter.com/Fp2sFwycpj
— PlayDoge (@PlayDogeGame) May 31, 2024
Another difference from Dogecoin is that PlayDoge runs on the BNB Chain, a blockchain that was created by the world’s largest crypto exchange, Binance. That ensures transaction efficiency and also the seamless integration of gaming activities.
Apart from earning rewards through P2E, token holders can also earn passively by staking $PLAY for an impressive 412% annual percentage yield (APY).
You can buy $PLAY tokens for $0.00501 each. With a price hike coming in less than five days, don’t wait around too long if you want to lock in the best deal.
To join the presale, buy $PLAY from the official website here using BNB, USDT, or a bank card.
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