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The Daddy Tate price jumped 40% in the last 24 hours to trade at $0.07672 as of 03:23 a.m. EST on trading volume that fell 1% to $7.6 million.
This follows the release of Andrew Tate and his brother after their arrest during a raid on their home in Romania. The court has placed him under house arrest for 30 days.
Daddy Tate Price Could Continue Soaring
The Daddy price eventually overcame the $0.07102 threshold, as DADDY overcame the upper boundary of the falling channel pattern, according to data from GeckoTerminal.
DADDY has eventually overcome the 50-day Simple Moving Average (SMA), showing that the token is aiming for a bullish rally. If the rally continues, the price of Daddy Tate could eventually overcome the immediate resistance at $0.0857 (200-day SMA).
The Relative Strength Index (RSI) also trades up above the 50-midline level, currently at 61, as it soars towards the 70-overbought region, an indication that the asset is on a rally.
Moreover, the Moving Average Convergence Divergence (MACD) is also climbing above the zero line, showing that the token is set for an uptrend.
The Daddy Tate price analysis shows that DADDY is currently on a bullish trend, as the bulls invalidate all the bearish prospects, crossing above the falling channel pattern.
If this stance continues, DADDY could continue soaring, as the bulls target $0.15.
However, if the bears take control of the price at this level, DADDY could plunge to the support zone around $0.045.
Meanwhile, as investors fire the Daddy Tate price higher, they are also rushing to buy a new GameFi token on Solana called Mega Dice (DICE), which has amassed over $1.75 million in early funding.
Mega Dice Presale Garners Over $1.75 Million – Next 100X Crypto?
DICE is the native token for Mega Dice Casino, a crypto casino and gaming platform with over 11,000 active users who place more than $50 million in bets every month.
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Users on the platform also enjoy over 4,000 casino games and have access to over 50 sports and eSports betting options.
Its already utility-packed native token, $DICE, is currently in presale and recently gained an added feature: staking.
Therefore, in addition to unlocking lucrative rewards, cashback, and exclusive promotions, $DICE holders can now earn passive income as well.
According to 99Bitcoins, a prominent crypto channel on YouTube, $DICE has the potential to surge 100X after its launch.
To join the presale, you can buy $DICE on the official website here for $0.110529 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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