Is It Too Late To Buy CAW? Crow With Knife Skyrockets 703% In A Month As Analysts Say This Solana Casino Token Might Be The Next Crypto To Explode

The Crow With Knife price soared 20% in the last 24 hours to trade at $0.0000001114 as of 10:54 p.m. EST on trading volume that dropped 39% to $8.4 million.

CAW has been on a tear, surging 45% in the past week and skyrocketing 703% in a month.

Crow With Knife Price Set To Rally Over The Bullish Pennant

The Crow With Knife price has been in a consolidation channel since launch, with the price trading within the $0.00000001511 range. CAW bulls seem to have won the contest, as the price soared to a new all-time high (ATH) at $0.0000001488.

The bulls have not been able to reclaim the high, with CAW down 25% from the ATH level.

However, CAW remains above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish rally to the upside, which could push the price even further.

The Relative Strength Index (RSI) is also rebounding over the 50-midline level at 53 as it heads to the north. Sustained bullish momentum could drive the RSI to the 70-overbought region, an indication of intense buying pressure.

Moreover, the Average Directional Index (ADX) at 25 shows that CAW is currently gearing up towards a strong bullish trend.

Crow With Knife Price Prediction

The Crow With Knife price analysis indicates bullish sentiments, with CAW bulls on the verge of pushing the price above the bullish pennant pattern as they target prices above the $0.0000001488 resistance to $0.00000020.

The major indicators, including the ADX and RSI, signal positive price movements, which could offer bullish prospects for optimistic investors. In addition, the 50-day SMA crosses above the 200-day SMA, forming a golden cross at $0.00000001511, which is an encouragement for the bulls to push the price further.

However, the RSI is still around the 50-midline level, which shows that the buying action is in equilibrium. If the bears exert pressure at this level, CAW could easily break to a retracement back to the support level around $0.00000008900.

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Mega Dice is the first GameFi project on the Solana blockchain and aims to challenge the casino sector titan, Rollbit Coin, and to emulate earlier presales like TG.Casino, which exploded 4x on launch.

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