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Is It Too Late To Buy DADDY? Daddy Tate Price Soars 16% As Experts Say This New ICO Might Be The Next Crypto To Explode

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Daddy Tate price
Daddy Tate price

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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.

Daddy Tate Price Prediction: DADDY Could Soar Over The Rounding Bottom Pattern

Daddy Tate Price Chart Analysis Source:
DADDYUSD Chart Analysis Source:

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.

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.

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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