Bounce Price Prediction as AUCTION Surges 129% - And Is This Meme Coin Presale Ready to Explode?

Bounce Price Prediction as AUCTION Surges 129% – And Is This Meme Coin Presale Ready to Explode?

Updated: 27 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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Bounce Token (AUCTION) has garnered significant interest from investors after surging 129% in a week and 154% in a month.

Its trading volume went through the roof in the past 24-hours with a 1,672% jump.

AUCTION Price Resistance Level Leads to Bearish Momentum

While AUCTION experienced a sharp hike in price that saw it hit a $17.78 high, the bears have taken advantage and pushed the price down, indicating a sharp bearish spike. Is this the end of its bullish rally?

AUCTION/USD chart shows a breakout, surging above the 50 and 200 Simple Moving Averages (SMAs), gradually climbing to $17.74. However, it encountered resistance, leading to a temporary decline in price.

Looking ahead, the bears could face a barrier at the support level of $9.72. The chart suggests the potential occurrence of a third wave in the price once it reaches this support level, giving the bulls access to push the market price higher, surpassing the current resistance level.

Moreover, the technical indicators, namely the relative strength index (RSI) and awesome oscillator (AO), reinforce the bearish sentiment. The RSI is trending downwards, hovering at 52, close to the neutral position of 50. Additionally, the AO bars indicate a price decline. These indicators suggest a potential weakening of the bullish momentum and a shift towards a more bearish trend in the AUCTION/USD market.

Based on the technical analysis above, the market is characterized by downward momentum that might lead to the price reaching $9.72.

Conversely, this bearish pressure seems to be in the short term as it may encounter the support level, leaving the possibility that bulls push the price up to $20.30.

Investors seeking an alternative to Bounce token may consider exploring Evil Pepe ($EVILPEPE). In the ever-evolving meme coin market, this cryptocurrency presents an enticing opportunity for those who wish to participate in an innovative and potentially profitable venture.

EVILPEPE Presale Funding is Almost at Its conclusion, Raises Over $1 Million

The EVILPEPE presale is inching day by day to its conclusion. With only 5 days left, the token has already raised over $1 million. $EVILPEPE sets itself apart from the crowd by building upon the success of Pepe Coin and introducing its distinctive twist, positioning it for a promising trajectory in the meme coin niche.

Feast your eyes on the darkness 📺 A new video unveils the cryptic world of Evil Pepe!

Click, watch, and join #EvilPepe https://t.co/JMZYg1UpEp #ERC20 #Crypto #NewVideo

— Evil Pepe (@evilpepe_token) July 27, 2023

Experienced teams behind Thug Life Token ($THUG) and SpongeBob ($SPONGE) support $EVILPEPE, attracting investors with its initial valuation of merely $2 million. They aim to replicate or surpass the remarkable 100x gains achieved by other successful meme coins, making $EVILPEPE a captivating opportunity for potential investors looking to be part of an innovative and potentially lucrative venture.

$EVILPEPE: A Promising Low-Cap Gem in the Meme Coin Landscape

$EVILPEPE has emerged as a promising low-cap gem in the competitive meme coin landscape. The project aims to gain widespread visibility and attract investors by leveraging influencer collaborations and targeted promotions on social media and crypto news platforms.

With the presale of $EVILPEPE, there is a modest hard cap of just $1,996,002, making it an attractive opportunity for early investors. 90% of the tokens are available at a fixed price of $0.000333, providing interested investors ample opportunities to secure their positions.

$EVILPEPE ensures convenience and accessibility by enabling token acquisition through swapping ETH or USDT tokens, resulting in a seamless onboarding process for potential buyers. As the project gains traction, it presents an exciting prospect for those seeking to participate in the meme coin market’s growth potential.

We are almost to 50% sold in the #EvilPepe presale

This week may be your last opportunity to take part in the most sinister #Pepe launch of the year

Relinquish your sensibility and submit to the Evil inside. He's summoning you 🐸😈#Ethererum #Presale #erc20 pic.twitter.com/UD7lRDwKsi

— Evil Pepe (@evilpepe_token) July 27, 2023

Evil Pepe Coin: Revolutionizing Memecoin with a $100M Market Cap Goal

$EVILPEPE is captivating both retail investors and influential figures in the crypto space. Rooted in meme culture and embracing a rebellious spirit, Evil Pepe Coin is gaining substantial attention and positioning itself as a must-watch token in the meme coin landscape.

Take advantage of the exciting opportunity to be part of this ambitious project; participate in the $EVILPEPE presale website.

The project’s determination is evident in its ambitious goal of achieving a remarkable 50x increase from its initial valuation, aiming for a $100 million market cap. Taking inspiration from the success of $PEPE, $EVILPEPE seeks to push boundaries in the memecoin arena.