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The Dione Protocol price dropped 5.8% in the last 24 hours to trade at $0.00665 as of 00:15 a.m. EST on trading volume that plunged 19% to $2.9 million.
But it’s soared 31% in a week, possibly due to an expanding community, with the token now boasting over 9,500 unique holders.
Ahead of the biggest projected bull run, $Dione continues to add to the community, partners and technology. Our unique holder count is now over 9500. Time to shine ⚡️ pic.twitter.com/Ftk4CEfRuf
— Dione Protocol (@DioneProtocol) February 25, 2024
Dione Protocol is a project powering the crypto revolution with renewable energy. As the project races towards its mainnet launch, will the Dione Protocol soar in line with the looming bull run?
Dione Protocol Price On A Bullish Rally, Trading Within The Bullish Pennant
The Dione Protocol price has been in a consolidation phase since the beginning of February, with the bears and bulls engaging in a tug of war at the $0.0045 range. However, the bulls have shown resilience, driving the price up through a markup phase, before hitting the $0.0075 resistance.
DIONE remains bullish as it trades above both the 50-day and 200-day Simple Moving Averages (SMAs). Additionally, the 50-day SMA is trading above the 200-day SMA, forming a golden cross at $0.0038. This is a signal of the continuation of the bullish rally.
The Relative Strength Index (RSI) is trending upwards from the 50-midline level at 61 as it heads north to the overbought region, a signal of growing buying pressure.
Moreover, the Stochastic Oscillator 14 3 3 line (green) crosses above the trigger line (orange), which is a confirmation of a bullish moving average crossover, indicating the start of an incoming bullish trend. The Average Directional Index (ADX) supports this, as it moves north at 52, showing a very strong trend towards a bull rally.
Dione Protocol Price Prediction
The Dione Protocol price analysis indicates bullish prospects for the DIONE price, evident with the price trading within the confines of the bullish pennant. DIONE price bulls will capitalize on this, looking to push the price over the upper boundary of the pennant, to $0.00915. This represents a 38.36% increase from the current price.
However, in an inverse scenario, if the bears take control of the price, there may be a slight price retrace to $0.00542, below the lower boundary of the pennant, coinciding with the 50-day SMA.
Meanwhile, as the DIONE bulls are looking for more entry points to drive the price up, investors are also eyeing eTukTuk as a compelling alternative, with the potential to explode on launch.
Fastest Growing Sustainable Cryptocurrency Hits $1.5 Million Milestone In Presale
eTukTuk (TUK) aims to revolutionize transportation in developing nations through eco-friendly Tuk Tuks, and has already raised over $1.5 million in its presale, as it closes in on its $1.65 million target.
To transform transportation, the eTukTuk project brings together the capabilities of artificial intelligence (AI), blockchain technology, and the smart coordination of electric vehicles.
The team is set to introduce electric Tuk Tuks (small three-wheeled vehicles) and set up a network of environmental charging stations. Therefore, the main aim is to mitigate issues that carbon emissions bring, and thus improve health.
1/ As our world races ahead, personal vehicles surge, bringing environmental challenges. But there's hope! 🚗❌
Today, we explore cities championing eco-friendly public transport.
Buckle up! 🌿 pic.twitter.com/joRizVjYRh
— eTukTuk (@eTukTukio) February 7, 2024
Buy And Stake $TUK, 157% Annual Rewards
You can buy and stake $TUK tokens, earning an impressive 157% annual percentage yield (APY).
Introducing Buy and Stake mechanism, get $TUK tokens and instantly stake them, initiating a dynamic APY.
Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. 💫 pic.twitter.com/pMrXEZzB3f
— eTukTuk (@eTukTukio) October 10, 2023
Additionally, you can also earn through a play-to-earn (P2E) game, Crazy Taxi, which is set to launch soon. In the game, you will be ferrying passengers to different locations on the busy streets of Sri Lanka. After successful completion of missions you earn $TUK tokens.
According to crypto analyst Alessandro De Crypto, eTukTuk has the potential to explode on launch.
https://www.youtube.com/watch?v=AEVX8Yba3qs
You still have time to buy $TUK tokens today at a discounted price of $0.0275 before the price goes up in about nine days.
You can buy $TUK tokens today by visiting the official eTukTuk website. Swap BNB or USDT for $TUK tokens or buy directly using your bank card.
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