FLEX Coin Surged Past $5.50. Too Late to Get In?

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FLEX Coin (FLEX) has recently emerged as a prominent player in the financial market, captivating the interest of traders and investors as it soared past $5.50, marking an impressive gain of more than 40% within 24 hours.

As of 10:20 a.m. EST, FLEX is trading at $5.47, demonstrating an astounding 72.6% increase in value over the last month.

FLEX Rebounds on Bottom Support

After consolidation, the price of FLEX experienced a gradual uptrend. However, this upward movement was short-lived as bears created a resistance level of $3.56, causing the price to drop to the support level of $0.63.

The price has been consolidating for about a month, and as of the beginning of June, bulls have an opportunity to enter the market.

According to the analysis above, FLEX has shown a surge, and a double-bottom trading pattern further confirms this. Moreover, the resistance at $3.56 has already been breached, indicating a potential change in market sentiment.

If there is a retracement in the price, it is likely to find support at the same point that was previously a resistance level.

FLEX Price Shows a double bottom repetitive Pattern

FLEXUSD Indicator Analysis. Source: Tradingview.com

The chart displays an ascending triangle pattern that has emerged from the price support level at $0.63. This pattern is characterized by a higher high and a higher low, indicating a gradual upward movement within the triangle.

However, the push beyond the upper trendline, supported by the $3.06 price level, suggests a potential breakout.

The moving average indicators support this bullish sentiment as the price remains above the 50-day and 200-day exponential moving averages. Currently trading at $2.84, the 50-day EMA aligns with the triangle’s lower trendline, providing additional support.

The daily chart’s relative strength index (14) is trading at 68, positioning itself just below the overbought region (70). This suggests that there is room for the price to surge higher. Moreover, the yellow curves represent the price that has formed a cup and handle trading pattern. This pattern signals a potential price breakout, with a target projection of $8.5.

Investors who missed the FLEX price surge can consider investing in the new Pepe frog meme coin, EVILPEPE, which has just launched its presale stage, raising a remarkable $100,000 in 24 hours.

EvilPepe ($EVILPEPE), Next Crypto to Explode

In the ever-evolving meme coin market, a formidable new contender has emerged, ready to challenge the dominance of its predecessors, particularly the well-known PEPE. Evil Pepe Coin ($EVILPEPE) officially kicked off its presale phase on July 18th, seeking to capitalize on the ongoing craze surrounding meme coins. $EVILPEPE brings an edgy and captivating twist to the beloved Pepe the Frog character.

Introducing #EvilPepeToken

You know that voice in your head that says you shouldn't risk it. And then a sinister voice of reason says sell your family and go all in? Yeah.. That's #EvilPepe whispering in your ear.

He wants you for his own. He'll have you.#memecoin #ERC20 pic.twitter.com/ayX5HkmBOC

— Evil Pepe (@evilpepe_token) July 18, 2023

The launch of $EVILPEPE’s presale marked the beginning of its journey toward potential viral success. With the current enthusiasm surrounding meme coins showing no signs of abating, investors and enthusiasts eagerly await the coin’s debut in the open market, which is scheduled to take place in the upcoming weeks.

As excitement builds, the fate of $EVILPEPE in the meme coin landscape hangs in the balance, and all eyes are on this intriguing newcomer to see if it can become the next breakout sensation.

EVILPEPE Raises $116,554 in Presale Funding a Day After Its Launch

EVILPEPE has already raised $116,554 in its ongoing presale, with 1 EVILPEPE selling for $0.000333. Currently available exclusively on the official Evil Pepe Coin website, $EVILPEPE can be acquired with ETH or USDT by connecting their wallets.

Evil Pepe Coin aims to tap into the existing enthusiasm surrounding $PEPE, demonstrating massive potential and profitability for low-cap cryptos. It sets itself apart with a rebellious nature and dark branding, offering scope to attract investors who missed the original $PEPE surge.

EVILPEPE 300x Potential, Targets $100 Million Market Cap

Describing itself as “unapologetic and audacious,” Evil Pepe Coin is ready to ride the hype wave, offering significant gains potential for early adopters. The team’s goal is to achieve a coveted market cap of $100 million, translating to 50x gains for presale buyers.

I see you … yeah you.. #EvilPepeToken will draw you in because you know we are going to send it.

Tell your 401k to STFU, you are busy making gains this month with $EvilPepe. #Presale #Ethereum #ERC20 #Crypto #cryptocurrencies #Pepe #PEPEGAINS #PEPEARMY pic.twitter.com/HO81Q8NVw7

— Evil Pepe (@evilpepe_token) July 18, 2023

The team aspires to go even further, pushing the boundaries and rewriting the rules of the meme coin game with the support of their community and Evil Pepe’s influence. If $EVILPEPE manages to match the current market cap of $PEPE, it would mean gains in the region of 300x for presale participants.

Thus, experts forecast that project’s potential success and gains will be significant replicating the exact level of success $PEPE achieved. You can buy EVILPEPE on the official website using ETH or USDT.