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The Digiverse price surged 8% in the last 24 hours to trade at $0.72 as of 05:39 a.m. EST on trading volume that surged 75% to $3.9 million.
This comes as the project anticipates the launch of Digi DEX, which has features including centralized exchange trading and P2P trading.
In addition to centralized exchange trading features, $DIGI will also have P2P features.
How Does P2P Work?
P2P allows individuals to buy and sell cryptocurrencies directly with each other. Unlike traditional exchanges, P2P exchanges do not hold users' funds but instead… pic.twitter.com/Gf6WthjaZe
— Digiverse (@Digiversede) March 26, 2024
Digiverse Price Set For A Rebound Over The Falling Wedge Pattern
The Digiverse price rose dramatically at the beginning of March, which saw DIGI soar 165% to $1.61 from the $0.59 support level. However, the bears seem to have taken control of the price, as DIGI went down through a falling wedge pattern and the bulls found a footing on $0.60.
The DIGI price bulls are using the $0.60 support to prepare for a breakout over the upper boundary of the falling wedge pattern.
Digiverse is trading above the 50-day Simple Moving Average (SMA), which supports the long-term bullish potential of the price. If the bulls sustain the rally, Digiverse will eventually overcome the 200-day barrier, further supporting the upside movement of the price.
Moreover, the Relative Strength Index (RSI) is rebounding from the 50-midline level, currently at 62. The bulls seem to exert pressure on the price, which could soar the RSI to the overbought region, indicating intense buying pressure.
The MACD confirms a bullish outlook with a blue line crossing above the orange signal line, indicating a bullish crossover. Moreover, the DIGI price is trending positively, with green bars on the histogram extending above the neutral line.
Digiverse Price Prediction
The bullish trend in Digiverse’s price remains strong as the bulls push the price over the falling wedge. Additionally, MACD forms a bullish crossover, which encourages investors to add to their buying positions.
The MACD and the RSI could offer optimistic investors bullish prospects, pushing the price to $1.4.
However, the 200-day SMA crosses above the 50-day SMA, forming a death cross at $0.75. A death cross is often an indication of a looming bearish trend. In such a scenario, the price would go through a retrace back to the critical support zone at $0.56.
In the meantime, traders are accumulating 5thScape, the world’s first-ever VR/AR token. Experts suggest it has the potential to deliver 100X gains.
5THSCAPE Secures $3.3 Million – Best ICO To Buy Now
5thScape (5SCAPE) is a groundbreaking project that combines the immersive experiences of virtual reality (VR) and augmented reality (AR) on one platform.
5thScape, the cutting-edge crypto project poised to revolutionize augmented and virtual reality, offers investors an opportunity to dive into the future of immersive gaming.
With plans for innovative VR hardware and a diverse range of games, including Cage Conquest and Epic… pic.twitter.com/FaIicOGq3w
— 5th Scape (@5th_scape) March 23, 2024
The 5thScape ecosystem aims to redefine the boundaries of gaming, education, and entertainment by offering a diverse array of experiences, including adrenaline-pumping battles, precision archery, high-speed racing, and immersive sports. The team is currently working on projects such as MMA Cage Contest, Thrust Hunter, and Archery Master.
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
The project’s innovative vision and potential to reshape VR and AR have sparked significant interest in the cryptocurrency community. During the presale phase, 80% of the token supply is reserved for buyers.
Currently in its third presale stage, the token’s price is set to surge by 15% to reach $0.00285 as the presale advances to its next phase. So far, the project has already secured more than $3.3 million from early investors and is hurtling to reach $4 million.
Leaving limits behind! 🚀 We have hit another milestone and has entered the 3rd round of our presale.
So join us on this incredible journey into the future of AR/VR gaming.
#5thScape #Presale #AR #VR pic.twitter.com/ZOkwg8s34E— 5th Scape (@5th_scape) March 26, 2024
The hype surrounding 5SCAPE is intensifying, with 99Bitcoins, a crypto YouTube channel, suggesting the potential for it to skyrocket by 100x after its launch.
Now is a perfect opportunity to get into the project. You can buy 5SCAPE tokens for only $0.00248 per token at the official site using crypto or your bank card.
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