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The Goatseus Maximus price has surged 73% in a week, despite tumbling 1% in the last 24 hours, to trade at $0.6549 as of 5 a.m. EST on trading volume that fell 4% to $303.87 million.
Goatseus Maximus Price Prediction
The GOAT price’s attempt to return to the resistance at $0.80 and possibly go beyond has been cut short by a barrier at $0.70. However, there are a few reasons to expect an increase in the GOAT price.
For example, the project’s Bollinger bands are still quite wide, similar to how they were over the past few days when the price was increasing. However, right now, the price is dropping from the upper band, which it was pushing up for about 9 hours, and is rapidly spiraling down to the lower one, which is a bearish signal.
In addition, the token’s Relative Strength Index (RSI) is showing that the traders are still engaged in a sell-off. The RSI was at the oversold area late on October 28, only to rapidly surge to the overbought zone over the following 9 hours
Now, it is dropping again as the token’s price continues to correct. However, given that the GOAT price was surging almost non-stop for the past two weeks, a slight correction is not a major surprise.
One negative is that the Goatseus Maximus price is dropping even though the rest of the market is trading in the green as of the time of writing, suggesting that GOAT is trading against the market right now. As such, it becomes harder to predict what the traders might do next, since the token is not following Bitcoin’s lead like most other cryptos tend to do.
However, this is likely just an attempt for GOAT to find stability and determine the true value of its token, which saw a 550% pump in the last two weeks. In other words, the token is likely to experience some volatility for the next few days as it attempts to stabilize, but will likely start following major market-wide trends before long.
Promising Alternative to Goatseus Maximus
As investors wait for GOAT to find its footing, they can consider as an alternative another meme coin that’s just surged past $23 million in funds raised.
That project is called Pepe Unchained (PEPU), and it is not only the newest Pepe alternative, but one that even comes with its own blockchain.
This is a big deal for the project, as the original Pepe runs on Ethereum’s network and, as such, is limited by its technical capabilities. This makes it slow, expensive to use, and unable to scale — all the things that PEPU resolved by developing its own Layer 2 chain.
The project is even creating its own ecosystem, with a native DEX, bridge, block explorer, and developer grants to bring more developers in.
Influential YouTuber ClayBro, with over 130k subscribers, believes that PEPU could bring 10x gains, and others think it might even end up surpassing Pepe itself.
PEPU tokens sell currently for $0.01189. If you are interested to join what is probably the most successful presale of the year, buy before a price hike in less than 42 hours to get the best deal.
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