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The Digiverse price surged 42% in the last 24 hours to trade at $0.9184 as of 00:14 a.m. EST on trading volume that surged 602% to $4.79 million.
Digiverse is the first genuine metaverse initiative and has recently been moving on key developments that are focused on adding utility to the token, including the launch of Digi DEX.
Final changes to Digi DEX are being implemented, and the audit process will soon commence.
Meanwhile, preparations for Digi CEX are advancing relentlessly. We have initiated the integration of spider KYC and Sumsub for authentication and AML procedures.
The number of Digi… pic.twitter.com/AI7QCRxjHO
— Digiverse (@Digiversede) March 18, 2024
Digiverse Price Set To Sustain The Bullish Stance Over The Falling Wedge
The Digiverse price has been on a downward trend in the last week, falling within the falling wedge pattern. However, the bulls have shown some resilience, soaring the price over the upper boundary of the pattern.
The price is well above both the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the bullish sentiments of the DIGI price.
Additionally, the Relative Strength Index (RSI) is trading over the 70-overbought region at 84, which shows that the asset is intensely bought.
Moreover, the Moving Average Convergence Divergence (MACD) is also bullish, as the moving average line (blue) crosses above the signal line (orange), which indicates a bullish crossover. Investors use the bullish crossover as a signal to add to their buys, which may likely propel the price.
The green bars on the histogram are also forming over the neutral line, which shows that DIGI is currently on a positive trajectory. Additionally, the Average Directional Index (ADX) is moving to the north at level 35, which shows that DIGI is currently on a very strong bullish trend.
Digiverse Price Prediction
The Digiverse price short-term outlook shows that the bulls have taken control of the price, as evident with DIGI trading over the falling wedge pattern. DIGI bulls aim to sustain the bullish stance, as the MACD and the RSI offer some bullish prospects for optimistic investors.
If the bulls continue pushing the price, they will push the price to the resistance around $1.06.
However, the RSI has already crossed the overbought region, which may suggest an incoming price correction. The 50-day SMA also crosses below the 200-day SMA, which forms a death cross at $0.8921. If the bears use these factors, they may take control of the price, pushing it down through a retrace back to the support zone at $0.6515.
As the DIGI price soars, investors might also consider 5thScape, a world-first AR-VR crypto ecosystem that is rocketing towards $2 million in presale.
5thScape Revolutionizes The VR And AR Landscape
5thScape (5SCAPE) aims to connect the smartest minds in the VR and AR space. The project believes that the VR realm holds infinite potential and, hence, can provide immersive experiences that can redefine boundaries and shape the future of entertainment and education.
VR is the future. Learn how the University of National Horizons Centre is Leveraging VR & MR.#VR pic.twitter.com/PKBVqVYUwf
— 5th Scape (@5th_scape) March 20, 2024
Such an interesting narrative continues to attract a ton of investors, with the presale garnering over $1.7 million in its second stage, as it hurtles toward the target of $2.5 million.
Join us NOW!!!!!#cryptocurrency #Token #5thscape pic.twitter.com/yNEeQrrbP1
— 5th Scape (@5th_scape) March 16, 2024
The development team plans VR games, hardware, and animations.
Buy $5SCAPE Now, Earn Passive Income, 365% Gains
The platform allows you to stake $5SCAPE tokens and earn rewards by actively engaging in the project. You can also earn through the project’s Web3 games through their play-to-earn feature.
The team is set to develop games like MMA Cage Contest, Thrust Hunter, Immersive Kickoff, and Archery Master.
We are excited to reveal the first look of the characters of our upcoming VR game, Cage Conquest! Meet the fighters who will challenge you in the ultimate UFC experience. Which one is your favorite? #CageConquest #5scape #Crypto #Bybit $NVDA #Ethereum $SYS pic.twitter.com/PUUdsbWWIi
— 5th Scape (@5th_scape) February 21, 2024
Crypto analyst and YouTuber Michael Wrubel remains bullish on the project, saying it might be the next Sandbox with the potential to explode on launch.
You can buy $5SCAPE now for just $0.00215 before the price surges by a steep 15% in about two days. The team has set the launch price at $0.01, locking in a 365% gain by the time of listing if you buy now.
If you think that’s too good a deal to pass up, join the presale by swapping ETH, MATIC, USDT, or BNB for 5SCAPE tokens using a digital wallet on the official site, or buy directly with a bank card.
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