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The Butthole Coin price soared 54% in the last 24 hours to trade at $0.0599 as of 7:01 p.m. EST on trading volume that surged 12% to $24 million, according to CoinGecko.
The dramatic surge helped make BUTTHOLE the number 1 trending crypto on CoinGecko.
Butthole Coin Price To Sustain Its Bullish Rally
The Butthole Coin price has been steadily climbing within an ascending channel (black trendlines), indicating a clear short-term uptrend. The Butthole Coin price is currently trading at $0.059999, just below its recent high of $0.065000.
This uptrend is supported by the 50-day Simple Moving Average (SMA) at $0.044284, which has acted as a strong dynamic support level throughout the recent rally. Additionally, the 200-day SMA at $0.026051 is well below the current price, underscoring the strength of the bullish momentum in this token.
BUTTHOLE price is approaching the upper boundary of the ascending channel, suggesting potential resistance in this area. Traders should watch for a possible breakout above the channel for further upside or a retracement back toward the mid-channel or lower boundary.
Meanwhile, the Relative Strength Index (RSI) is currently at 72.31, indicating the token is in overbought territory. While this reflects strong buying momentum, it also suggests the possibility of a short-term pullback or consolidation as buyers may start to take profits.
The Moving Average Convergence Divergence (MACD) line (blue) is above the signal line (orange), and the histogram is expanding in the positive zone. This signals strong bullish momentum, with no immediate signs of weakness in the trend.
BUTTHOLE/USDT Chart Analysis (Source: Tradingview)
Butthole Coin Price Prediction
The short-term outlook for BUTTHOLE/USDT remains bullish as the token trades within its ascending channel.
If the Butthole Coin price breaks above the channel’s upper boundary around $0.065-$0.067, it could trigger further upside toward $0.070 or higher in the near term. Strong momentum indicators like the MACD and rising SMAs support this scenario.
Conversely, given the overbought RSI, a short-term pullback to the mid-channel level (around $0.055-$0.057) or the 50-day SMA ($0.044) is also possible before the next leg up. This would allow the market to reset and maintain a sustainable uptrend.
As the Butthole Coin price soars, investors are also buying up a new frog-themed Pepe derivative called Wall Street Pepe (WEPE). Crypto influencer ClayBro, with over 134k subscribers, says it could soar 100X after launch.
Wall Street Pepe Presale Amasses Over $41.6 Million
Wall Street Pepe has raised $41.6 million in a presale that’s on track to become the most successful ever.
This crypto project aims to help regular traders compete with crypto whales and insiders. $WEPE focuses on empowering everyday investors by offering advanced tools that level the playing field.
One key feature is its precise trading signals, which provide clear advice on which coins to focus on, when to enter, and when to take profits. This simplifies trading for new investors who want a more structured approach, instead of relying on random tips or complicated charts.
🚨 $WEPE presale is now live in Upcoming Tokens! 🚨@WEPEToken gives holders access to top-tier trading insights, exclusive market calls, and access to private insider groups. 👀
Here’s how to join:
📲 Download Best Wallet
🔥 Visit Upcoming Tokens
💎 Buy $WEPE using $ETH or… pic.twitter.com/sLdStEOgkZ— Best Wallet (@BestWalletHQ) December 3, 2024
$WEPE also provides next-gen analytics to spot promising crypto opportunities early and provide exclusive “alpha calls” for presales. Traders can join a private group to exchange ideas and learn from experienced market veterans.
By holding the $WEPE token, investors can also earn a 31% annual percentage yield (APY), providing a lucrative passive income stream.
Investors can buy $WEPE Token from the official website for $0.00036642 using ETH, USDT, or a bank card.
If you would like to join, buy before a price hike in a little more than 13 hours.
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