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The Aura Finance price soared 12% in the last 24 hours to trade at $0.7187 as of 03:19 a.m. EST on trading volume that skyrocketed 148% to $299K.
Aura Finance Price Set For A Breakout Over The Consolidation Channel
The Aura Finance price has been on a sustained price retrace since mid-March, as it dropped below the $1.0 resistance level, data from GeckoTerminals shows. However, $0.6042 provided the needed support for the bulls to push the price over to the resistance of around $0.71.
The Aura Finance price, since mid-April, has been trading within the $0.71 and $0.6141 ranges, forming a consolidation channel as the bulls aim for a sustained breakout above.
AURA trades gracefully above both the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the general bullish potential.
Moreover, the Relative Strength Index (RSI) is trading to the north at 67, which shows that AURA is currently overbought. If the bullish stance continues, the RSI could rise above the 70-overbought region, indicating ongoing investor optimism.
The Moving Average Convergence Divergence (MACD) also affirms bullish prospects, as the MACD line (blue) crosses above the signal line (orange), which represents a bullish crossover, poised to encourage the bulls to add more to their positions.
Additionally, the green bars on the histogram are forming above the neutral line, indicating that AURA is gaining positive momentum and heading for a breakout over the consolidation channel.
Aura Finance Price Prediction
The Aura finance price analysis according to GeckoTerminal shows that AURA is on bullish momentum, as the bulls aim to sustain its price movement above the consolidation channel, targeting $0.8380.
Major indicators, including the MACD and RSI, show AURA is on a positive price trajectory, encouraging optimistic investors to buy more.
The 50-day SMA is also moving towards the 200-day SMA, with signs of forming a golden cross, a bullish signal for AURA.
However, if the bears take control of the price at this level, AURA could further retrace back to the support around $0.64. This acts as a cushion against downward pressure.
Meanwhile, some investors are also buying into the new presale $5SCAPE, which has already secured over $5.9 million in funding as it races towards its $6.2 million target.
Lock In 206% In Profits By Buying $5SCAPE Now
5th Scape (5SCAPE) is set to provide users with a platform that blends innovation with entertainment. 5th Scape aims to revolutionize the VR gaming experience by offering immersive games, VR hardware, and a utility token called $5SCAPE.
With 5SCAPE, step into a world where the only limit is your imagination. Here’s what awaits you:
Lifetime Free Access 🎁: Say goodbye to subscriptions! Enjoy a never-ending library of curated VR content that evolves with your tastes.
Exclusive In-Game Advantages 🔒: With… pic.twitter.com/AiPTd6NWer
— 5th Scape (@5th_scape) May 9, 2024
The platform’s primary currency, $5SCAPE, facilitates access to premium VR content and unlocks special in-game features. The team’s dedication to immersive VR gaming experiences makes the project an exciting one to watch.
🌟 Unlock new dimensions with 5th Scape! Dive into adrenaline-pumping battles, precision archery, and high-speed racing—all within the limitless virtual realm. Holding 5SCAPE tokens unlocks exclusive benefits like free games, discounts, and seamless in-world transactions.
The… pic.twitter.com/LNO30KXRPW— 5th Scape (@5th_scape) April 20, 2024
According to Cryptonews, a prominent YouTube channel, $5SCAPE has the potential to surge 100X on launch.
With the listing price fixed at $0.01, buying tokens now at $0.00327 locks in gains of almost 206% before launch.
If you’re interested in participating in the 5th Scape presale, you can buy 5SCAPE tokens with ETH, MATIC, USDT, or BNB on the official website here. You can also buy directly with a bank card.
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