Babydoge 2.0 Price Crashes After Yesterday's All-Time High. What's Going On?

Babydoge 2.0 Price Crashes After Yesterday’s All-Time High. What’s Going On?

Updated: 20 July 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Babydoge 2.0 price had fallen by 2% to $0.00008252 at 05:21 EST today, with a 4% rise in trading volume to $125,000 in the last 24 hours. The token has also experienced a 53% decline over the past 7 days.

Babydoge 2.0 is Facing Bullish Trending Reversal Today

Babydoge 2.0 experiences a price retracement as bears dominate the market, with the token trading at the lower band of the Bollinger indicator, indicating a loss in buying pressure.

The Relative Strength Index (RSI) is at 100 in the overbought zone, supporting a potential trend reversal, while the Moving Average Convergence Divergence (MACD) indicator confirms the bearish market with red histogram bars.

Support and Resistance Levels for Babydoge 2.0

The technical chart indicates increasing selling pressure, causing the market price of Babydoge 2.0 to dip below the $0.0113867 support level. Negative sentiment and potential fund withdrawals may follow.

There is a possibility of the token’s value dropping to the $0.0112003 support, but if bullish momentum takes over, the price could reach the $0.0114760 resistance.

Traders should exercise caution as market conditions are highly volatile and subject to change. Conduct thorough analysis and implement risk management strategies before making any trades.

Alternative Asset – Mr. Hankey Token (HANKEY)

The creators of Mr. Hankey took the working reality of plumbers into the crypto space. These are plumbers working with crude tools inside the sewage system of the crypto industry with optimism that something smelly could come out of their efforts.

Mr. Hankey (HANKEY) is claimed to be the next desirable crypto floater in the market and also the No. 1 shit coin in the crypto ecosystem.

So, investors that will not mind the job description of the project but fold their sleeves and dive into the crypt septic tank with them may obtain an astonishing return on investment down there.

The token is portrayed to flush out the orthodox knowledge and understanding that crypto investors have down the drainage system and change their perspectives.

The team at the HANKEY project aims to put smiles on investors’ faces and storm the crypto industry with ideas from an animated TV series in America called “Christmas Poo.” They aim to work with meme enthusiasts to achieve their goals which could help attach positive value to the team’s “dirty money.”

Further, the team behind HANKEY brags to attain milestones with the backing of many influencers and their huge offline and online token campaign. So, it claims that its digital asset will be a whirlwind that will drive high investor returns.

The Market Performance of HANKEY

The newly listed asset on decentralized exchanges, HANKEY, has experienced a 32% price decrease in the past 24 hours, trading at $0.0005279 with a trading volume of $231 thousand.

Since its listing on July 14, 2023, HANKEY’s price has fluctuated between a high of $0.002276 on July 17 and a low of $0.0004983 on July 19.

Currently, the token has a market cap of $317 thousand, liquidity of $262 thousand, and a fully diluted valuation of $312 thousand.

How to Acquire HANKEY

Visit the project’s official website,
Explore the website and click on the button “Click here to purchase HANKEY on DEXTools.”
You will be taken to the DEXTools website
You can purchase HANKEY using ETH
Carefully navigate the website and click on DEXTswap to connect your crypto wallet. Note you should have a dApp crypto wallet.
Located the connect button and click on it
Permit DEXTools to run a verification check on your wallet
Search for the token in the search space provided
Type the amount of ETH you wish to swap with HANKEY
Proceed by confirming the transaction if it demands it.