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The Goatseus Maximus price surged 14% in the last 24 hours to trade at $0.7763 as of 3.45 a.m. EST on trading volume that plunged 20% to 211.3 million.
Like many others in the industry, GOAT started pumping early on November 5, and it kept climbing as Donald Trump took the lead in the US election.
The token reached $0.70, which acted as a major barrier, but Trump’s official victory caused it to surge again and break the obstacle, pumping all the way to $0.80.
Goatseus Maximus Price Prediction
Sharp price boosts typically lead to coins being overbought, which often results in a correction, with the overall market sentiment typically determining the severity of the price drop. This is already starting with the GOAT token, although certain technical indicators suggest that its price is likely not going to drop too severely.
The project saw its Bollinger bands narrow over 8 hours ago, which was a signal of an upcoming correction, which is already taking the price away from the resistance at $0.80 and toward a support at $0.70. However, the bands have started widening again in the last hour or so, suggesting that the market remains bullish and that GOAT is likely to bounce back.
A similar signal is coming from the project’s Relative Strength Index (RSI) value, which has spiraled down from the overbought zone at 80 to the neutral zone at 50, and then to the edge of the oversold area at 34.43, which is where it sits at the time of writing.
With the RSI being a metric that shows whether market participants are buying or selling, its performance suggests that many traders have sold their GOAT tokens to take profit after the price increase.
Now, however, with the price declining as a result of it becoming oversold, there is an opportunity for the bulls to buy GOAT at a lower price. In fact, many are likely to do it quite soon, while some may have already started. Typically, traders tend to react with the RSI drops to the value of 30, but with the market sentiment still being overwhelmingly bullish, it is likely that some traders might react before that happens.
In other words, the Goatseus Maximus price is still trading strongly in the green, although its price has declined a bit in the last few hours, this is likely to get nullified soon as the token starts seeing a recovery in the hours to come.
Promising Alternative To Goatseus Maximus
Those looking for new GOAT-like opportunities could consider Pepe Unchained (PEPU), among the best presales ever after raising more than $25.3 million.
PEPU shows great promise thanks to the fact that it is the first Pepe-inspired meme coin to have its own blockchain. This allows it to be much faster and cheaper to use compared to the original Pepe, which is slow and expensive due to the fact that it runs on Ethereum’s clunky network.
Some have even suggested that PEPU may be able to overtake PEPE once it goes live, and while this would be a tough task to complete, experts agree that the token has great potential.
Crypto YouTuber ClayBro, who has over 130k subscribers, believes that PEPU is a crypto with 10x potential.
The project just just secured $700,000 in funds raised in only two days after another whale scooped up 6 million of $PEPU tokens.
And there’s another exciting development: a meme coin launchpad powered by the project’s L2 technology that’s set to catapult Ethereum into the meme coin spotlight, eclipsing Solana’s dominance with Pump.fun.
Pepe’s Pump Pad makes it so easy to create a meme coin that anybody can do it – no coding knowledge required. Users can launch their meme coins instantly with just a simple two-click process on the website.
The fact that the project is going live in the middle of a bull run further contributes to investor confidence.
As mentioned, the project’s ICO raised a massive amount that brought the whales in a long time ago, but you can still join the presale and buy some for yourself for only $0.01229 per token.
Pepe Unchained is available in exchange for ETH, BNB, and USDT, but you can also invest using your credit or debit card. Buy before a price hike in less than 15 hours for the best deal.
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