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The Fight price went ballistic with a 104% surge in the past 24 hours to trade at $0.01372 as of 6:15 a.m. EST as an investor frenzy erupts around the new meme coin.
Trump yelling “Fight. Fight,” after getting grazed by a bullet in the ear, an inch from ending his life.
No panic. No crawling on his knees to safety. The man stands up, faces the crowd, and yells “Fight.”
Historic footage. Just incredible.
— Lomez (@L0m3z) July 13, 2024
This surge in the FIGHT price comes after former US President Donald Trump shouted “Fight” after being grazed by a bullet shot during a July 13 campaign rally in a failed assassination attempt.
The Fight Price Loses Key Support After Forming A New Peak
1-hour chart for FIGHT/USD (Source: GeckoTerminal)
The Fight price has been in a positive sequence on the hourly chart over the past couple of hours, and printed a series of higher highs and higher lows during this period. Recently, FIGHT dropped from its high at $0.01980, resulting in the emergence of a resistance level at this price point.
The retracement also led to the crypto falling below the key support level at $0.01535. Should the meme coin fail to close an hourly candle back above this mark within the next 4 hours, it could be at risk of falling to the subsequent mark at $0.01032.
Continued sell pressure should FIGHT drop to this point might expose it to the risk of falling to as low as $0.005407 in the short term.
This bearish thesis could be invalidated if the Fight price is able to reclaim a position above $0.01535 within the next 4 hours. In this alternative scenario, the meme coin could attempt to overcome the recent peak at $0.01980.
Closing an hourly candle higher than this threshold might then give FIGHT the technical foundation needed to enter into a price discovery phase towards the upside.
Technicals Warn The Fight Price Correction Could Continue
Technical indicators on FIGHT’s 1-hour chart warn the meme coin’s correction might continue in the next 24 hours. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing negative signs.
Following the price drop from $0.01980, the MACD line has started to collapse towards the MACD Signal line on the hourly chart. With the gap between the two technical indicators still shrinking, the two lines might soon intersect. Traders could then identify this technical occurrence as an indication that the Fight price has entered a negative short-term trend.
RSI readings have also gradually dropped throughout the past couple of hours. This suggests diminishing buyer strength. What’s more, the RSI has dipped below the crucial 50 benchmark, which might indicate that sellers have gained the upper hand against buyers.
Bears could subsequently try to continue to push the Fight price down.
With bearish signs emerging on the hourly chart for FIGHT, its investors could consider joining those flocking to buy WienerAI (WAI) after the project announced its presale will end on July 31.
The Most Intelligent Meme Coin To Join The Crypto Market
WienerAI (WAI) is not like all of the other canine-themed meme coins that entered the crypto space before it, because the project includes a powerful, AI-driven trading bot.
With predictive technology that has been fine-tuned to analyze the highly-volatile crypto markets, WienerAI will assist traders and investors in making more informed decisions.
In addition to being able to take in heaps of data to almost instantaneously uncover hidden insights, WienerAI also offers a seamless token swap solution and MEV protection to ensure that traders can pounce on scalp opportunities as soon as they appear.
This also prevents traders and investors from getting frontrun by MEV bots, making trade executions quicker.
With the project’s appeal to meme coin investors and its suite of sophisticated trading tools are key reasons why renowned YouTuber ClayBro is so bullish on the project. He’s urged his viewers ”to get greedy” with such presales.
Time Is Running Out For Investors To Get In On WAI’s 151% APY
WienerAI’s presale has entered its final stage, with just 16 days to purchase the meme coin at ICO prices. More than $7.3 million has already been raised to signal strong investor confidence in the project’s future.
This momentum is likely to continue, helped by the lucrative staking opportunity being offered to buyers at this early stage. Anyone who acquires and locks up WAI before the ICO ends will gain access to a 151% APY.
Selling for $0.00073, WAI can be bought using either ETH, USDT, BNB or bank card. Once purchased, the tokens can be locked up through the staking page on the website.
Purchase and stake WAI here for the 151% APY before its presale ends.
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