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The Gods Unchained price surged more than 24% in the last 24 hours to trade at $0.371 as of 7:35 a.m. EST as investors begin a rapid accumulation of the altcoin.
With this recent gain, the GODS price is in the green by more than 142% on the weekly timeframe. It has also risen over 116% over the past month.
The Gods Unchained Price Testing Critical Support
4-hour chart for GODS/USD (Source: GeckoTerminal)
The Gods Unchained price is testing the key support level at $0.3480. A 4-hour candle close below this crucial mark within the next 8 hours could expose the crypto to the risk of falling to the subsequent technical safety net at $0.2790.
Conversely, GODS remaining above $0.3480 for the next 12 hours could invalidate the bearish thesis. In this alternative scenario, the crypto could attempt to flip the $0.4168 resistance level into support. Thereafter, continued buy pressure might push the altcoin’s price to as high as $0.4930 in the following 24 hours.
The Gods Unchained Price Is Losing Its Technical Strength
Technical indicators on the 4-hour chart for Gods Unchained warn the crypto’s price might drop through the course of the next 24 hours. More specifically, the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators are showing bearish signs.
The MACD line is currently collapsing towards the MACD Signal line. Traders usually see this as a sign of a crypto’s bullish momentum losing steam. If the gap between the two lines continues to narrow, the MACD line might cross below the MACD Signal line to indicate that GODS has entered a negative short-term trend.
Meanwhile, RSI readings have been falling over the past 24 hours. This could indicate that buyers are losing their strength against sellers. Traders will want to keep an eye on this indicator to watch out for a drop below 50. Falling below this benchmark might signal a major bearish shift in momentum for the Gods Unchained price.
While the Gods Unchained price stands the risk of losing the key $0.3480 support, many in the crypto community believe that The Meme Games (MGME) token might be the official meme coin for the Paris 2024 Olympic Games.
Bringing The Olympic Spirit To The Meme Coin Space
With the Paris 2024 Olympic Games around the corner, crypto investors can get a taste of what it’s like to compete at the historic sporting event through The Meme Games (MGME).
After purchasing the token during its ongoing ICO, presale participants get to pick between Dogecoin, Pepe, DogWifHat, Brett and Turbo and watch them race for a potential bonus.
Should the investor’s meme win the race, they will receive a 25% bonus on their purchase amount. With just 5 characters to choose from, presale buyers stand a 20% chance to receive the bonus with every purchase.
Renowned YouTuber Jacob Crypto Bury predicted in a recent video that the meme coin could soar 100X.
$100K Raised In Minutes
The project’s presale started with a bang, with investors sending $100k to The Meme Games ICO in a matter of minutes. This investor frenzy has continued, as the presale has already raised over $147,000.
Apart from the potential to unlock the 25% bonus with every purchase, there is also a lucrative staking opportunity on offer to presale buyers. Anyone who acquires and stakes MGME at this early stage gains access to an eye-watering 2,322% APY.
To get in on this opportunity, investors can utilize the simple buy widget embedded on the project’s website.
Selling for $0.009, MGME can be bought using either ETH, BNB, USDT or bank card. Investors looking to buy the crypto might want to hurry because the crypto’s price is scheduled to increase in less than 2 days.
Purchase and stake MGME here for the 2,322% APY before its price increases.
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