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The Ego price rose 45% in the last 24 hours to trade at $0.12676 as of 03:49 a.m. EST on trading volume that surged 95% to $6.9 million.
This comes amid news of Ego’s listing on Bitget.
Today!
🔹Deposit: opened
📷Trading starts: 13:00 (UTC) pic.twitter.com/AKabarAL69— EGO (@Ego_Paysenger) March 20, 2024
Will the listing push the price even higher?
Ego Price Bulls Aim To Sustain The Bullish Stance
The Ego price has been rising steadily in March, as it came out of a consolidation phase around $0.06, recording a 128% increase in the last seven days and 219% in the last 30 days.
EGO bulls were able to use the support zone at $0.08 and 0.09, which formed a cup and handle pattern, with the price already soaring past the resistance at $0.112.
EGO is trading well above the 50-day and 200-day Simple Moving Averages (SMAs), which affirms the bullish trend to the upside.
Additionally, the Relative Strength Index (RSI) is currently trading around the 70-overbought region at 67, which shows growing buying pressure. If the bulls sustain bullish momentum, the RSI could soar past 70, indicating increased investor optimism.
Moreover, the Moving Average Convergence Divergence (MACD) line is also bullish, as the moving average line (blue) crosses above the signal line (orange), representing a bullish crossover. A bullish crossover serves as an encouragement for the bulls to add to their buy positions as the price is bound to soar.
The green bars on the histogram also extend above the neutral line, showing a positive momentum. Additionally, the Stochastic Oscillator 14 3 3 line (green) crosses above the trigger line (orange), indicating a bullish moving average crossover, which is a confirmation of a sustained bullish rally.
Ego Price Prediction
The Ego price analysis shows a bullish bias, as the bulls aim at using the cup and handle pattern to soar the price, with the target set at $0.15323. The MACD and the golden cross formed at $0.053 provide a bullish prospect for optimistic investors.
However, the Stochastic Oscillator and the RSI show that there is increased buying pressure for the asset, which may indicate a looming price correction. If a correction happens, the bulls may find support around $0.09063, coinciding with the 200-day SMA.
As the Ego price soars, you may also want to consider Sponge V2, a project that aims to emulate the 100X surge chalked up by Sponge last year in a bear market.
Buy $SPONGE V2 With 10X Possible Returns
If you missed that surge, there is still an opportunity with Sponge V2 before it lists on major exchanges.
You still have a chance with #SpongeV2… don't miss out again 💦$SPONGE #MemeCoin #Bullish pic.twitter.com/HuKpH3JTFI
— $SPONGE (@spongeoneth) March 19, 2024
Sponge V1 was discontinued earlier last month, which allowed $SPONGE’s holders to be moved to the more secure Sponge V2 on the Polygon Network.
Sponge V2 comes as an enhancement to its predecessor, promising bigger rewards and a more robust ecosystem.
Don't get left behind!!!💪🔥🧽$SPONGE #SpongeV2 #100xGem pic.twitter.com/bvRh75Jqhi
— $SPONGE (@spongeoneth) March 12, 2024
Buy And Stake $SPONGE V2, Get Rewards
You can earn passive income by staking $SPONGE V2 tokens, with an impressive 411% annual percentage yield (APY) on the Polygon Network and 173% on the Ethereum network.
You can also earn through the platform’s play-to-earn game, Sponge Racer, in which you get to engage in racing competitions, earning token rewards.
According to crypto analyst and YouTuber Jacob Bury, Sponge V2 has the potential to surge 10X on launch.
Sponge launched at $0.000025 last year, and with the V2 price now at $0.002663, the token has skyrocketed 9,650%. Buying now is still early, with the project planning new listings on top-tier exchanges.
GM #SPONGERS! 🧽🧽🧽
Did someone say moon? 🚀
Trade $SPONGE on @dexscreener 👇https://t.co/mRRzvNqdpm#MemeCoin #Crypto #Altcoins #Bullish #100x pic.twitter.com/iVOCDTYMVz
— $SPONGE (@spongeoneth) March 8, 2024
To join the presale, visit the official Sponge V2 website and link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.
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