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eCash (XEC) is the rebranded version of Bitcoin Cash ABC (BCHA), which itself is a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). eCash was designed to function as electronic cash.
As of 8:33 a.m. EST, XEC is trading at $0.00002776, reflecting an 11% increase in the past 24 hours. Additionally, the token’s daily trading volume has surged by 1320%, reaching $63.9 million.
Bulls are asserting dominance over the price of eCash, propelling it on a steady upward trajectory.
This positive move actively fuels the bullish momentum. So, are investors taking notice? Should you take notice?
XEC Finds Resistance at 200 SMA
XEC shows a rebound from the support level at $0.00002224, enabling the bulls to drive prices higher.
To sustain this bullish momentum, the bulls must overcome the critical resistance level at $0.00002951, opening the door to an inevitable surge toward the resistance level at $0.000046.
At the time of writing, XEC is trading above the 50-day moving average, confirming the bullish outlook for its price. This empowers the bulls to break above the 200-day moving average in the coming weeks.
The surge in buying pressure is evident in the bullish candlestick formation hovering around the 200 SMA.
This has also caused the Relative Strength Index (RSI) to rise to 65. This suggests that the XEC price may rally further as buyers approach the overbought zone of 70.
XEC must break above the resistance at $0.00002951, automatically establishing the next resistance level at $0.000046.
Conversely, if the bears regain control and force a decline, they may find support at $0.00002597.
Meanwhile, the TG.Casino Presale is steadily progressing towards its goal. Investors may want to consider this as an alternative to XEC.
TG. Casino Revolutionizing Online Gambling
TG.Casino (TGC) is the next generation of Web3 GambleFi products.
TG.Casino introduces a crucial new ingredient into the mix – the ease of use provided by Telegram automation.
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— TG Casino (@TGCasino_) October 1, 2023
TG.Casino aims to replicate the success of fellow Telegram-powered web3 platform Unibot, which placed advanced crypto trading strategies within reach of Telegram’s 700 million monthly users.
TG.Casino (TGC) Presale Selling Rapidly
The TG.Casino (TGC) presale has achieved a significant milestone by raising $343,415 in investment funds, demonstrating investors’ confidence in the project.
The team’s goal for the presale is to raise $5 million. The actual amount raised may surpass this target.
TG.Casino token presale is selling out rapidly at $0.125, and it has quickly gained traction. Beyond $TGC’s tokenomics, the token itself is expected to perform well in the market.
TGC Tokenomics
TGC’s tokenomics represent a significant strength for the project. Unlike some projects that allocate a substantial portion of tokens to the team, $TGC has devoted 40% to the presale.
Another 20% is earmarked for staking efforts, 10% for marketing initiatives, and 20% contributes to liquidity pools. This transparent and fair distribution method has generated substantial excitement within the crypto community.
Early investors can enjoy an impressive annual percentage yield (APY) of up to 4,660%. However, it’s essential to note that the APY will decrease as the presale progresses, highlighting the importance of early involvement.
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TGC’s buyback system is divided into two categories: 40% of the acquired tokens will be burned, while the remaining 60% will be used to reward investors.
The final countdown begins ⏰ https://t.co/1CivTnIx4Z's Telegram Casino is almost here 🎰
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— TG Casino (@TGCasino_) September 28, 2023
Prominent YouTuber Alessandro De Crypto, with 11k subscribers, has reviewed TGC, explaining how to buy and invest in the presale phase.
https://youtu.be/2_qjQmqU2Cc
You can acquire the token using Ethereum (ETH), Binance Coin (BNB), and Tether (USDT) by connecting your Web3 wallet to the token website.
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