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Fine Price Prediction: FINE Jumps 74% – Is It the New Token to Watch?

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FINE crypto
FINE crypto

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Fine (FINE) price exploded 74%, bouncing from the $0.000000009406 support to test the $0.00000002203 resistance level.

The surge has seen FINE escape from the confines of a bearish technical formation, the descending parallel channel indicated in the 4-hour chart below.

The surge comes after FINE secured listing on the BitMart exchange on September 28, which is no mean feat. The deposit and trading features are already available, but the withdrawal feature will go live on September 29.

The token is now trending as a meme caption on crypto X, pushed out on ESPN and even CNN. This brings it to the attention of the audience.

The project also boasts a strong community, with over 400 venture capital investors, more than 5,000 FINE holders, and it also currently holds the number one position on DEXTools. All these underpin the FINE token as a good investment.

FINE Price Prognosis As It Trades On Huge Support

With bullish fundamentals behind it, the technical outlook of FINE price suggests a continued uptrend. However, it all depends on how bulls handle the immediate support at $0.00000001635, coinciding with the 23.6% Fibonacci Retracement. This congestion level has been borderline support/resistance since September 20, with FINE price hinging upon it. Therefore, a decisive break and close above it could solidify the uptrend for the altcoin.

In a highly bullish case, the gains could extend to the 50% Fibonacci at $0.00000003460 or higher to tag the 78.6% Fib at $0.00000005438. Such a move would constitute an182% climb above present levels.

Meanwhile, the Parabolic SAR continues to trail the Fine price at $0.00000001184, presenting an additional layer of support in favour of the upside. As long as this trend-following indicator continues tracking the price from below, the asset remains bullish.

Furthermore, the upward-moving Relative Strength Index (RSI) adds credence to the bullish outlook, as it shows momentum is rising. Its position at 61 leaves more room north, a position bolstered by the green histogram bars of the Awesome Oscillator (AO). Bulls are evidently leading the FINE market.

FINE price
TradingView: FINE/ USDT 4-hour chart

On the other hand, with FINE boasting up to 74% in gains, we cannot rule out the presence of early profit—takers. Should they pull the trigger, the token’s bullish outlook would be threatened. In this case, Fine price could lose the support offered by the 23.6% Fibonacci before extending lower.

A decisive breakdown to close below the $0.00000001000 psychological level would invalidate the bullish thesis for FINE token.

FINE aside, explore the native asset for the Meme Kombat ecosystem, MK. The project is new in the market and the level of popularity it is commanding is over the moon. Analysts are already anticipating a 10X growth potential for the asset.

Promising Alternative To FINE

MK is the latest meme coin sensation, at the heart of the Meme Kombat ecosystem with the “stake, play, and get rewards” banners. The novel gaming ecosystem is customized for gamers who like betting and staking activities. Every user gets a reward.

The token’s presale just started, with remarkable strides made on a daily basis. The latest update on the website shows that up to $112,308 has been collected so far, as the project sprints to the $1,000,000 target. You can enlist in the Meme Kombat community when you buy MK using Ethereum (ETH) or Tether (USDT). In the current stage of the presale, one MK is selling for $1.667.

Once an MK holder, you do not have to wait until the project debuts on exchanges before you can start earning.

Stake your MK tokens for Annual Percentage Yields (APY) as high as 112%. The staking dashboard will go live soon. Meanwhile, when you stake MK, you can earn APY just for holding. The staking function of the Meme Kombat ecosystem is so remarkable that it has merited for the hottest state-to-earn gaming meme crypto list.

Visit Meme Kombat here

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