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The Klaus price soared over 72% in the last 24 hours to trade at $0.04107 as of 7:02 a.m. EST as investors rush to buy the crypto.
Following the strong 24-hour performance, the KLAUS price is now up an impressive 574% on the weekly time frame.
The Klaus Price Attempting To Flip The $0.04620 Resistance
4-hour chart for KLAUS/USD (Source: GeckoTerminal)
The Klaus price is attempting to overcome the resistance level at $0.04620. Earlier today, the crypto managed to briefly overcome this threshold, but sellers have been able to stop KLAUS from closing a 4-hour candle above this barrier.
Should the crypto manage to establish a position above this mark within the next 12 hours, the Klaus price could have the technical foundation needed to rise to the subsequent mark at $0.06355. Continued buy pressure might then lead to the altcoin breaking above this point and continuing its ascent.
However ,failure to close a 4-hour candle above $0.04620 within the next 12 hours could invalidate the bullish thesis. In this alternative case, the Klaus price might stand the risk of falling to the key support level at $0.02703. This is the last line of defense preventing a drop all the way down to $0.01287.
Technicals Suggest Bulls Are Still In Control Of The Klaus Price
Technical indicators on the crypto’s 4-hour chart suggest KLAUS could keep rising through the course of the next trading day. More specifically, short-term Exponential Moving Average (EMAs) and the Relative Strength Index (RSI) show positive signs.
Over the last 48 hours, the 9 EMA broke above the 20 EMA to signal that momentum has turned in favor of bulls. With the gap between these two technical indicators increasing, it seems that bulls are still accumulating strength against their bearish counterparts.
Meanwhile, the RSI is currently valued bullishly above the 50 benchmark to indicate that buyers are currently in control. Although RSI readings dipped in the last couple of hours, the positive slope of the RSI line and the indicator’s reading above 80 suggests that bulls are still comfortably in control.
As KLAUS tries to flip a major resistance, investors are also flocking to buy a new meme coin by the name of Crypto All-Stars (STARS), which YouTuber ClayBro, with 130K subscribers, says could 26X after launch.
Bringing Together The Biggest Meme Coins For Unmatched Staking Rewards
Crypto All-Stars (STARS) offers an innovative staking platform for meme coin lovers to lock up many of their favorite tokens for high passive rewards.
Meme coin elites including DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO are already supported on the platform, with more cryptos scheduled to be added in the coming weeks.
By staking tokens on the Crypto All-Stars platform, investors will earn crypto rewards that are paid out in STARS. To unlock compounded staking rewards, investors can then also lock up their earned STARS. Anyone who stakes STARS now stands to earn up to 625% in annual rewards.
Given its innovative staking platform, its meme coin appeal, and the ability for investors to earn compounded rewards, it’s easy to see why experts and analysts are bullish on Crypto All-Stars and its native STARS token.
More Than $2.3 Million Raised – Best Crypto To Buy Now?
Investors have been rushing to get in on STARS during its presale stage, which is evident by the more than $2.3 million the project has raised so far.
Selling for $0.0015067, the meme coin can be bought with either ETH, USDT, BNB, SHIB, FLOKI, PEPE, DOGE or bank card.
Buyers who want to lock in the best rate will want to act fast because the meme coin’s price is set to increase with each subsequent stage of its ICO. The next price hike will happen in less than 3 days,
Purchase and stake STARS on the official website here.
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