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The Goatseus Maximus price surged 182% in a week and 4% in the past 24 hours to trade at $0.3665 as of 3.30 a.m. EST on trading volume that dropped 51% to $197 million.
The popular new token emerged only a little over a week ago, and during this time its price kept climbing. This period was marked with numerous listings, the most recent of which took place on October 17, when HTX announced that it had added GOAT to its list of supported tokens.
📣New Listing Alert!$GOAT @gospelofgoatse on HTX!
☑️Deposits Opened
📈Trading Starts Soon!Details:https://t.co/emBnxRcqkY pic.twitter.com/liOEdeZEhw
— HTX (@HTX_Global) October 17, 2024
Before that, the token also emerged on Crypto.com, Gate.io, MEXC, BitGet, and numerous other markets.
Goatseus Maximus is listed in the https://t.co/vCNztATSCO App 🔔
Purchase $GOAT easily with USD, EUR, and 20+ fiat currencies.Download the App to trade #GOAT now!
👉 https://t.co/1hj1sJWlVNFor more details – https://t.co/ooQfuf74BQ@gospelofgoatse pic.twitter.com/LLfMg4LBzn
— Crypto.com (@cryptocom) October 16, 2024
The token’s value kept increasing until it reached $0.50 on October 19, a major resistance that has rejected it back to $0.20. The token bounced back from this support yesterday, this time finding a major barrier at $0.40.
The meme coin has seen massive community support which is not surprising, given the bullish market that has been taking over ever since the second half of October had started, and the fact that meme coins continue to be this year’s most dominant trend even now.
Goatseus Maximus Price Prediction
After more than a week of constant price surging, the GOAT token finally succumbed to the bearish pressure that has spread throughout the market in the last few days. However, this correction is unlikely to last long, and the project’s technical indicators suggest that it might bounce back up soon enough.
Its Bollinger bands remain fairly wide still, and its price has been going from the upper to the lower band in a very clear pattern, rarely sticking to either band for too long. These fluctuations show that the bulls and the bears have been replacing each other fairly regularly, as the new popular crypto attracted more and more attention, and traders were taking profit and buying the dip several times per day.
Right now, the Goatseus Maximus price has once again dropped to the lower band, which suggests that it might soon bounce back up toward the upper one if the pattern continues.
The project’s Relative Strength Index (RSI) also suggests a possible recovery soon. After spending the entire day yesterday fluctuating between the neutral zone and the overbought area, the RSI finally exited this pattern and spiraled down to the oversold zone.
Right now, its value has dropped to 30, which will likely be a trigger for the traders waiting to buy the dip. Given that most of the market is currently trading in the red, the price is unlikely to blow up as a result of the RSI reaching the value of 30, but it could see a small recovery. And, it that recovery happens to coincide with a wider market recovery, then GOAT could potentially retest the old resistances at $0.40, and maybe even $0.50.
Promising Alternative To Goatseus Maximus
The GOAT community has played a huge roll in the meme coin’s success, and that’s something that the new meme coin Flockerz (FLOCK), which has already raised almost $1 million in presale, is banking on, too.
It is a project that’s invented a new model known as Vote-To-Earn (V2E). The idea behind it is to rally the community and incentivize its members to participate in the project’s governance.
So, each time token holders vote, they will be rewarded with crypto. With such an incentive, the team is confident that a small minority won’t be able to control the project.
The new idea has already attracted plenty of supporters, and popular YouTuber ClayBro, with over 130k subscribers, says the token could bring 100x gains to early investors.
FLOCK tokens sell for $0.0058394 right now and can be bought with ETH, BNB, USDT, or credit/debit cards. There will be a price hike in less than 3 days so don’t wait too long if you are an interested buyer.
Visit the official FLOCK website here.
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