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The Book of Bullrun price has surged 122% in the past 24 hours to trade at $0.006234 as of 3.25 a.m. EST.
Book Of Bullrun Price Bulls Regain Control Of The Momentum
The BOOB price bears seem to have hit the floor after the price found anchor support after a decline from its all-time high of $0.0212. Can the bulls sustain the momentum?
Book of Bullrun Analysis. Source: Dextools.io
The support zone at $0.002067 has allowed the bulls to take charge and push the price back up to its all-time high. If the momentum continues, they might push the price to the resistance level of $0.01232. However, there’s a chance of a double-top pattern forming, which could lead to the bears bringing the price down again.
Despite this, all technical indicators show a bullish bias. The relative strength index (RSI) has surged upwards to the overbought region of 70 after briefly consolidating around the midline level of 50. With increasing buying pressure, the RSI is expected to enter the overbought region, confirming the bullish momentum for the Book of Bullrun price.
Furthermore, the bulls have pushed the price above the 50 and 21 simple moving averages in the 1-hour timeframe. The moving average cross at $0.003931 also reinforces the prevailing upward sentiment.
Book of Bullrun Price Bulls Poised To Reclaim Its All-Time High
The overall momentum for BOOB looks bullish as buyers are working hard to push the price up and reach an all-time high again. If this momentum continues, the price soar to new highs beyond the ATH, up to $0.03010.
However, the bears might intervene to drive the price into a corrective phase in a converse case. In this scenario, the bulls will be forced to regroup at the $0.002067 support, confirming a double-bottom pattern that signals a bullish trend reversal.
A Promising Alternative: Buy Now For 100X Returns
While BOOB bulls gear up for a potential trend reversal, other investors are shifting their attention to a new Solana meme coin sensation called Slothana after its presale rocketed past $10 million in less than two weeks. The presale has been extended for a limited period to offer investors a last chance to buy before launch.
Slothana (SLOTH) aims to replicate the success of meme coins like SLERF, PUMP, PUNDU, and BOME, which have introduced innovative launch methods on Solana.
Unlike traditional launches with price stages, timers, and hard caps, Slothana’s launch method is straightforward: buyers send SOL to a token address, and the team airdrops the tokens to their wallets when the presale is finished.
🎩🌿🦥 I'm going to make them a memecoin they can't refuse🚀 Slothana's making moves to dominate the crypto scene. "Keep your friends close and your memecoins closer" – The Slothfather 💼💰 #Slothana #SlothFather pic.twitter.com/RnPJEan2Bq
— Slothana (@SlothanaCoin) April 10, 2024
There is also an option to exchange SOL for SLOTH on the official website using a widget here. Simply specify the amount of SOL you want to exchange, click ‘buy now’, select your wallet, and complete the transaction.
With predictions from crypto influencers suggesting Slothana could surge 100X post-launch, there’s growing excitement about its potential. However, since there are no specified price stages or timers, it’s uncertain when the presale will end. This suggests that now may be the best time to buy before the tokens run out.
🚀 Get ready to blast off with Slothana! 🌿 We're gearing up for launch and this is your last chance to grab your $SLOTH 🌕 Don't miss out on the action as we prepare to announce our official launch date. Watch this space. #slothana #memecoin
— Slothana (@SlothanaCoin) April 8, 2024
You can buy SLOTH here. For every 1 SOL, you receive 10,000 SLOTH tokens.
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