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The Klaus price surged over 148% in the last 24 hours to trade at $0.02361 as of 7:00 a.m. EST as investors FOMO buy the meme coin.
With the strong 24-hour performance, the KLAUS price has now skyrocketed more than 290% in the past week.
The Klaus Price Attempting A Challenge At Resistance
4-hour chart for KLAUS/USD (Source: GeckoTerminal)
The Klaus price has formed a steep ascending price channel on its 4-hour chart after printing several higher highs and higher lows over the last 48 hours. Now, the crypto is attempting to flip the resistance level at $0.02331. Closing a 4-hour candle higher than this threshold within the next 12 hours could give the altcoin the foundation needed to climb to $0.02765.
On the other hand, a rejection from the $0.02331 mark could bring an end to the crypto’s positive trend. In this alternative scenario, sellers might start exerting pressure on the Klaus price. If KLAUS is unable to withstand this potential pressure, it could end up testing the immediate support at $0.01845. Continued sell pressure could force KLAUS down to $0.01411.
Klaus Price In Overbought Territory, But Its Bullish Momentum Not Cooling Off Just Yet
Looking at technical indicators on the crypto’s 4-hour chart, it seems bulls still have control of the altcoin’s price. In the last 24 hours, the 9 Exponential Moving Average (EMA) crossed above the 20 EMA to indicate that short-term momentum has turned bullish. This technical event was validated by the recent surge in the Klaus price.
With the growing gap between the 9 and 20 EMA, it seems the altcoin’s positive momentum shows no signs of slowing down just yet.
Meanwhile, the Relative Strength Index (RSI) shows that buyers have the upper hand on the crypto’s 4-hour chart, with the indicator’s latest readings in the mid 80s. Investors and traders will, however, want to keep an eye on the RSI, because high readings also warn that a crypto is overbought. This is usually seen as a sell signal.
As KLAUS bulls try to drive the crypto’s price higher, a new meme coin by the name of Crypto All-Stars (STARS) is charging towards the $3 million fundraising mark in its presale.
Meme Coin Staking On One Platform
Crypto All-Stars (STARS) offers an innovative platform that allows meme coin lovers to stake their favorite tokens for the chance to earn passive rewards.
Popular cryptos DOGE, SHIB, PEPE, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO can already be locked up for rewards through the project’s MemeVault solution.
All meme coins that are staked on the platform will generate rewards that are paid out in STARS, which can also be put to work for passive rewards on the same platform.
This opens up a rare opportunity for meme coin lovers to earn compounded rewards with almost no effort. Anyone who stakes STARS now will unlock access to an eye-popping 637% APY.
The project’s meme coin appeal, unified staking solution and the high rewards currently on offer has excited analysts. One of them is YouTuber ClayBro, who told his 130K subscribers that STARS has the potential to generate 10X returns.
Investors Rush To Buy STARS At ICO Prices
Investors are anticipating great things for the meme coin’s future, which is evident by the more than $2.3 million the project has already raised through its ongoing presale.
This frenzy around STARS is likely to continue given the high staking rewards available to buyers at this early stage. Anyone can become eligible for the 637% APY. The first step is to acquire the token through the buy widget embedded on its site.
STARS is currently selling for $0.0015007 and can be bought with either ETH, USDT, BNB, DOGE, SHIB, FLOKI, PEPE, or bank card.
Investors who want to lock in the best rate will want to act fast because the meme coin’s price is scheduled to increase with each new stage of its presale. The next price hike will take place in less than 22 hours.
Purchase and stake STARS here.
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