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The Daddy Tate price soared 16% in the last 24 hours to trade at $0.1819 as of 03:46 a.m. EST on trading volume that rose 28% to $35 million.
This comes as the celebrity behind the token, Andrew Tate, continues to back the token on X.
Big G. $Daddy pic.twitter.com/aXRGp2h4XS
— Andrew Tate (@Cobratate) July 4, 2024
Daddy Tate Price Prediction: DADDY Could Soar Over The Rounding Bottom Pattern
The Daddy Tate price, after hitting the $0.1827 resistance, went down through a retrace to the $0.097 support level, according to data from GeckoTerminal. The support allowed the bulls to push the token back to the resistance zone, forming a rounding bottom pattern.
DADDY price trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish outlook of the price.
Moreover, the Relative Strength Index (RSI) trades at 61, as it closes in on the 70-overbought region, which is an indication of sustained investment optimism and intense buying pressure.
The Average Directional Index (ADX) also trades up over the 50 regions, currently at 52, which shows that DADDY is on a strong bullish trend to the upside.
The overall Daddy Tate’s price outlook shows that the token is on a bullish rally, as the bulls capitalize on the rounding bottom pattern to sustain the momentum. The 50-day SMA also crosses above the 200-day SMA, forming a golden cross at $0.12. A golden cross could encourage investors to keep buying.
If investors continue buying, the price of Daddy Tate could soar above $0.1827, as the bulls target prices above $0.25.
However, if the bears breach the critical support levels at $0.16 and $0.15, DADDY could retrace further to $0.129, which coincides with the 200-day SMA.
Meanwhile, the new presale Shiba Shootout (SHIBASHOOT) is gaining momentum in the crypto community, with 99Bitcoins, a crypto channel on YouTube with over 705K subscribers, saying $SHIBASHOOT offers ”insane rewards.”
Shiba Shootout Presale Garners Over $490K – Best Meme Coin To Buy Now?
Shiba Inu is now pivoting towards gaming, following the launch of its Shibarium blockchain. However, some traders are betting on its new alternative, Shiba Shootout.
Saddle up! #ShibaShootout is more than a #memecoin it's a Wild West crypto adventure! 🐾💥
Join Marshal Shiba & the Sharpshooters in Shiba Gulch for fun and excitement. 🤠🚀 pic.twitter.com/a3BFVx7u42
— shibashootout (@shibashootout) July 1, 2024
Set in the heart of the Wild West crypto frontier, Shiba Shootout’s play-to-earn (P2E) game has already been approved by Google Play and the Apple Store, which means its release is imminent.
The game is built around the town of Shiba Gulch, a bustling digital settlement that resonates with Shiba lovers who come together to challenge each other.
Master #Crypto strategy with #Shiba cowboys in thrilling duels for big rewards! 🌟 Join the adventure!
Sign up now to get your free $SHIBASHOOT tokens!
Jump in the fun! 🚀 https://t.co/jCeu7XMBqR pic.twitter.com/YjlGaaluBT
— shibashootout (@shibashootout) June 28, 2024
Apart from the appeal of its P2E game, token holders can also earn passively by staking $SHIBASHOOT, which offers a stratospheric 2,218% annual percentage yield (APY).
To take part in the presale, buy the SHIBASHOOT token for only $0.0195. But don’t wait too long as the price will increase in less than 10 days.
Buy SHIBASHOOT tokens on the official website here using ETH, BNB, USDT, or a bank card.
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