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Espresso (ESPR) is gaining on the charts today after a modest price outlook when it launched on July 28.
As of 7:35 EST, the coin price is $0.00529, a 68% increase in the last 24 hours, during which it also achieved an all-time high value of $0.005513.
ESPR found critical support at the $0.005457 price level. It has bounced off this level and will likely record more positive price action ahead.
ESPR/USD Chart
The ESPR asset shows a significant uptrend, as reflected on its chart. Its position above the 50-day and 200-day Simple Moving Averages indicates a bullish intent for long-term gains.
A minor fallback to the $0.005457 support may be a bear trap, suggesting a potential rally led by bullish activity. Despite a current slight pullback, ESPR remains near the buy zone and is expected to re-enter overbought territory soon.
Its Relative Strength Index (RSI) stands at 59.20, reaching an all-time high today after entering the overbought region.
The bullish trend is reinforced by the rising Moving Average Convergence/Divergence (MACD) line above its signal line, indicating an increase in long positions.
A sharp decline seems improbable soon due to heightened investor interest. Yet, if prices fall below the 50-day SMA, a short-term correction is anticipated.
The dominating bullish sentiment suggests a strong buy signal and more positive action in the near future.
Chimpzee The Green Alternative To Beat Market Volatility
The eco-friendly cryptocurrency, Chimpzee, is rapidly gaining traction among investors, having raised over $1.04 million of its $1.47 million presale target. Its social media presence is also growing, boasting more than 2400 followers on Twitter.
The community’s enthusiasm soared following the announcement of a 10 million token airdrop in celebration of surpassing the $1 million milestone, scheduled after the presales conclusion.
🙌 #Chimpzee = Positive Impact!🌱
Part of our tokens are dedicated to charity, preserving nature and combating climate change!🌿🌍
🛒Shop, trade, play, and own #NFTs to support our mission while earning!💰
125% Bonus ends tomorrow – Get $CHMPZ now!🚀https://t.co/Geog3EVuMC pic.twitter.com/gp67fXLRxu
— Official Chimpzee Project (@RealChimpzee) July 31, 2023
Committed to making a positive impact, the Chimpzee team allocates a portion of their tokens to charities and environmental causes. Additionally, users can shop, trade, play games, and acquire NFTs to support the mission while earning rewards.
A presale bonus of 125% is on offer for token purchases for a limited time.
Chimpzee is officially partnered with prominent environmental organizations including OneTreePlanted, WILD, and Giving Block, and has been featured on top news outlets such as CryptoNews, Business2Community, and InsideBitcoins.
Chimpzee, certified by Cyberscope and Solid Finance, enhances investor confidence through robust security. It offers multiple earning avenues within its ecosystem, including shopping at the Chimpzee shop, trading on the NFT marketplace, and playing in the Zero Tolerance game.
Four tiers of NFT passports (Diamond, Gold, Silver, Bronze) are accessible to ‘Chimpzee army’ members, with holders receiving a higher income, making these passports critical to the ecosystem.
The ecosystem also features a token burn mechanism to fight inflation and boost token value. The ongoing presale, currently in stage 8 with four days left, offers 1290 $CHMPZ tokens per 1 USDT, as each token is valued at $0.000775. The next stage will see a token price increase to $0.00085, with the official listing price set at $0.00185, promising significant returns for early investors.
Chimpzee’s relevance is predicted to endure due to its alignment with global environmental preservation focus, with early investors standing to reap the greatest rewards.
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