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The Baby Beercoin price surged 52% in the last 24 hours to trade at $0.001044 as of 04:29 a.m. EST on trading volume that skyrocketed 358% to $6.5 million.
Baby Beercoin Price Set For A Bullish Rally, Capitalizing On The Cup And Handle Pattern
The Baby Beercoin price went on a downtrend from June 14, forming a rounding bottom pattern, with $0.00020 acting as the support level, which allowed the price of Baby Beercoin to rise to the $0.00114 resistance, according to data from GeckoTerminal.
BBEER price then went on a downtrend to the support zone around $0.00055, forming the handle of the cup and handle pattern.
However, the price of Baby Beercoin negated the bullish sentiments, with the token falling again to the support zone around $0.00060, which has allowed the bulls to stage a bullish trend reversal, as they target to breach the resistance zone.
Moreover, BBEER price trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the general bullish sentiments, with $0.0007578 and $0.0005802 levels acting as the immediate support levels, respectively.
The Relative Strength Index (RSI) also trades up as it hurtles towards the 70-overbought region, currently at 68, which shows intense buying pressure from investors.
The Moving Average Convergence Divergence (MACD) line also supports the general bullish prospects, with the blue MACD line crossing above the orange signal line, a representation of a bullish crossover. A bullish crossover could encourage the bulls to buy more, with the green bars on the histogram showing that the price is on a positive momentum.
Baby Beercoin Price Prediction
The Baby Beercoin price analysis on the 15-minute chart shows the token is gearing up for a bullish stance, as the bulls aim to capitalize on the cup and handle pattern to push the token up, targeting $0.0021.
However, if the bears take control of the price at this level, the price of Baby Beercoin could retrace back to the support level of around $0.000602, acting as a cushion against downward pressure.
As the Baby Beercoin price surges, investors are also accumulating the new Solana meme coin Sealana (SEAL), which is now offering the last opportunity to buy after raising more than $4 million in its presale.
#Sealana had a great time on @joerogan's podcast! 🎙️ After tossin' back too many whiskey cokes 🥃 and puffin' on some green herbal joints 🌿, Sealana got Joe Rogan seeing the #Memecoin light! 🦭🤠🇺🇸
Send $SOL 💰 if y'all wanna see Sealana back on the show! 🚀 #MAGA #USA pic.twitter.com/XFqvWS9ZLu
— Sealana (@Sealana_Token) June 16, 2024
Sealana Rises Over $4 Million – Last Chance to Buy
Sealana, a new cryptocurrency approaching listings on major exchanges, is set to end its presale on June 25.
SEAL is a Solana-based meme coin featuring a chubby seal mascot inspired by South Park’s infamous “World of Warcraft guy.” Once sleek and agile, this character is now messy and obese, driven by an insatiable appetite for junk food.
#Sealana has got some big news for y'all today! 🦭🍻 After a long night of drinking, doin' American $SEAL things 🇺🇸 and blacking out! 😵 He woke up with some real mental clarity and made the call that the #Presale's gonna end on June 25th at 6 pm UTC! ⏰
You know what that… pic.twitter.com/va7W8abVjb
— Sealana (@Sealana_Token) June 6, 2024
Crypto analyst and YouTuber Crypto Boy says $SEAL has the potential to soar 100X after launch.
Sealana, which initially started as a Solana-based token, has expanded its horizons to the BNB chain and also allows purchases from the Ethereum network.
SEAL tokens are available for only $0.022. There are only a little more than eight days left until the presale ends so buy soon.
To participate in the presale, visit the official website to buy SEAL tokens here.
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