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The Gorilla price has soared 49.5% in the last 24 hours to trade at $0.00462 as of 12:14 a.m. EST on trading volume that surged 22% to $4.7 million.
Gorilla Price Bulls Regain Control, Poised To Recover Losses
After a prolonged period of price decline amplified by bearish pressure, the bulls found anchor support at $0.002137, allowing them to regroup and drive the price up, reaching the January 2 high of $0.0082.
However, the bears seem to have fought back, gaining control of the price and causing a price decline to $0.004540 resistance turned support. If the general bullish momentum sustains, the bulls could cause a rebound in price, driving the price high.
The price trades above the 21 and 50 simple moving averages (SMAs), with a moving average cross at $0.002799, confirming the bullish sentiment for the Gorilla price.
The MACD is generally bullish, as the blue MACD line has crossed the orange signal line and is trading above the neutral level. The histogram is growing more extensive in the positive zone, indicating intense buying pressure by the bulls on the Gorilla price.
Gorilla Price Prediction: Bulls Aim To Reclaim $0.0082 High
The general trend for the Gorilla price is bullish, supported by the SMAs and MACD technical indicators.
If the bullish momentum sustains, the bulls could be looking to reclaim the $0.0082 high. A further push above this level could see the price touch the $0.01052 level.
However, the bulls must watch out for the bear’s aggressiveness in applying downward pressure, which might cause the price to slip below the $0.004540 support.
Meanwhile, investors who missed out on the Gorilla surge are rushing to buy the Meme Kombat token’s booming presale.
Meme Kombat (MK) Nears $8 Million Presale Goal – Best Crypto To Buy
The Meme Kombat (MK) ICO is closing in on its $8 million goal with funds raised now standing at over $7.8 million. Each MK token costs just $0.279.
We have successfully conquered the $7.8 million mark in the $MK presale⚔️
Congrats everyone! pic.twitter.com/NG0lZmNUZ9
— Meme Kombat (@Meme_Kombat) January 31, 2024
The Meme Kombat team has set the hard cap at $10 million, and the price will remain at $0.279 per token until the target is achieved.
The platform is offering AI-generated battles by bringing together GameFi and meme characters. This unifying factor allows you, as a player, to wager on your preferred meme characters, giving you a chance to get rewards when your chosen characters win.
Buy And Stake MK, Enter Meme Kontest, Win Big
You have a chance to stake your acquired MK tokens, which currently offer a 119% annual percentage yield (APY).
Pick your winner. This would be a fierce battle⚔️ pic.twitter.com/dk0ZKzD7LL
— Meme Kombat (@Meme_Kombat) February 1, 2024
Ensure you submit your entries for the Meme Kontest competition by 4 p.m. UTC in order to have a chance of becoming one of the three fortunate winners. Each winner will receive a prize of 300 USDT of the total prize pool, which amounts to 900 USDT.
Get those last minute submissions in for the #MemeKontest everyone! Competition ends at 4pm UTC🥊 https://t.co/5RHLUPs3tG
— Meme Kombat (@Meme_Kombat) January 31, 2024
The Meme Kombat team is also working to ensure the timely completion of Meme Kombat NFTs. With their visually appealing design, these NFTs guarantee significant utility in MK Season 2.
Are you hyped for the #MemeKombat NFTs? ⚔️
We're working to launch them and get them into your hands soon! pic.twitter.com/aPW8S7ZHTg
— Meme Kombat (@Meme_Kombat) January 31, 2024
YouTuber and crypto analyst Jacob Bury featured Meme Kombat in a video, explaining the staking and play-to-earn benefits. He predicts a potential 10X explosion on launch.
To buy MK tokens, visit the official Meme Kombat website, connect your Web 3 wallet, and exchange your ETH, USDT, or BNB for MK tokens there.
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