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The Billy price skyrocketed 95% in the last 24 hours to trade at $0.03173 as of 04:04 a.m. EST on trading volume that rose 6,422% to $109 million.
The Billy price had soared to an all-time high of $0.04178 after its launch on June 17, according to data from GeckoTerminal.
That ATH remains a challenge that the bulls have to overcome to propel the price to a higher level, with the token dropping within a falling wedge pattern.
Billy Price Set To Soar Over The Falling Wedge
However, the bulls have found some support around $0.028, which the bulls may use to prepare for a bullish stance that could push the token over the wedge.
BILLY price trades slightly below the 50-day Simple Moving Average (SMA), coinciding with the token’s recent retrace from the upper boundary of the wedge.
Moreover, the Relative Strength Index (RSI) seems to be rebounding from the 30-oversold level as it rises, currently trading at 47 as it hurtles towards the 50-midline level, an indication of intense buying pressure.
The Moving Average Convergence Divergence (MACD) is also bullish, with the MACD line (blue) crossing above the signal line (orange), forming a bullish crossover. A bullish crossover on the MACD informs optimistic investors of buying positions, which could eventually push the token through a prolonged rally.
The green bars also extend gracefully over the neutral line, an indication that the price of Billy is on a positive momentum.
Billy Price Prediction
As per Billy’s price analysis, the token could be gearing up for a sustained bullish stance over the falling wedge pattern as the bulls target $0.070. The main technical indicators, including the RSI and MACD, open up buying positions for the bulls, which could push the token up toward a new ATH.
However, if the bears take control of the price at this level, the token may retrace back, with the bulls retreating to the support level around $0.01978, a cushion against downward pressure.
As the Billy price bulls search for buying signals, others are still piling into Sealana, a new Solana meme coin that has just blasted past $5 million in its presale. It is now offering investors a last chance to buy.
Sealana Presale Raises Over $5 Million – Last Chance To Buy Before Presale Ends
Sealana (SEAL) has been gaining a lot of attention due to its humorous all-American theme, which showcases its mascot as a truck-riding, Big Mac-eating, Lambo-dreaming, and liberal-hating obese crypto degen.
The token features a chubby seal mascot, once sleek and agile, who is now messy and obese, driven by an insatiable appetite for junk food.
SEAL began as a Solana-only coin but has since expanded its reach by going multichain with a BNB Chain version of the token. Holders can also purchase SEAL on the Ethereum network, which widens its appeal across crypto communities.
Crypto Boy, a crypto analyst and YouTuber, says that $SEAL could potentially surge 100X after launch.
With the presale wrapping up on June 25 at 6 p.m. UTC, interested investors shouldn’t wait too long before buying the token.
#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
To participate in the presale, visit the official website to buy SEAL tokens here. SEAL tokens are available for only $0.022.
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