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CHITCAT Bounces Back Three Times after Failing to Surpass $0.25 – June 14, 2023
ChitCAT falls below the moving average lines after failing to surpass $0.25. Buyers initially pushed the cryptocurrency to reclaim its previous highs. The most recent increase has been halted at the $0.25 high. ChitCAT is currently falling due to rejection in the market’s overbought region.
. ChitCAT Price Statistics Data:
•ChitCATprice now – $0.1336
•ChitCAT market cap – $838,298
•ChitCAT circulating supply – 6,118,215 CHITCAT
•ChitCAT total supply – $1,332,797
•ChitCAT Coinmarketcap ranking – #2948
Resistance Levels: $0.30, $0.35, $0.40
Support Levels: $0.20, $0.15, $0.10
Since May 24, CHITCAT/USDT has been falling. The cryptocurrency dropped in value and found support above $0.10. The cryptocurrency’s price bounced three times before crossing the moving average lines. However, after three attempts, the momentum could not be maintained above the $0.25 resistance. Nonetheless, as the altcoin falls, the bears have broken below the moving average lines. ChitCAT is currently trading at $0.1376 at the time of writing. If the selling pressure continues, the crypto asset will fall to its previous low of $0.084. For period 14, the altcoin is at Relative Strength Index level 30. The current downtrend is expected to reverse as the market approaches oversold territory.
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Meanwhile, the cryptocurrency is facing rejection at its recent high after failing to surpass $0.25. The cryptocurrency fluctuates above and below the moving average lines. As a result, the coin’s value ranges from $0.25 to $0.10. The price bars must be higher than the moving average lines or resistance at $0.25 for ChitCAT to rise.
Alternatives to ChitCAT
CHITCAT/USDT is in a downtrend after regaining positive momentum by bouncing three times above the moving average lines. The trend rose from a low of $0.10 to a high of $0.25 before reversing. The rise was halted due to an overbought market position. When the upswing resumes, the market is expected to reach a high of $0.40. Similarly, the price of Wall Street Memes (WSM) tokens is expected to rise as the cryptocurrency market shows signs of bearish exhaustion. Although discreetly loading up, the neighborhood was in a frenzy. We recognize that temptation exists. We couldn’t help but reveal our $1 million milestone, but don’t worry, the memes will continue to circulate. Avoid making the same error. Get some $WSM right away. During the presale, around $7 million has already been raised.
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