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The Puffer price skyrocketed 106% in the last 24 hours to trade at $0.6087 as of 03:18 a.m. EST on trading volume that skyrocketed to $342 million.
Puffer Price Aiming For A Breakout
After its launch, the Puffer price rose to the $0.889 resistance, before plunging to the $0.56 support, according to data from GeckoTerminal. The price has been able to trade within the support zone, forming a descending triangle pattern.
The continued trend has resulted in the price of Puffer trading below the 50-day Simple Moving Average (SMA).
However, the Puffer price being able to sustain its movements along the horizontal support level has also caused the Relative Strength Index (RSI) to trade within a neutral level, currently at 48, which shows neither overbought nor oversold conditions.
If the bulls sustain the price above the upper boundary of the triangle, as they aim to push the price even further above, as they target the previous resistance at $$0.889.
However, in a scenario where the bears take control of the price, PUFFER could plunge back to the $0.56 support zone, which now acts as a cushion against downward pressure.
Meanwhile, investors coveting gains with a similar trajectory to PUFFER right now might want to consider a new meme coin casino project called Memebet Casino (MEMEBET Token), which has just hurtled past the $465k mark in its presale.
YouTube channel Cryptonews, with over 10k subscribers, says that $MEMEBET Token could soar 100x after it launches.
Memebet Token Heads For $500k – Best Crypto To Buy Now?
MEMEBET Token is a native cryptocurrency of Memebet Casino, a web and Telegram casino platform that is the first to allow a wide range of leading meme coins to be used for wagering.
The platform features a variety of casino games, meme coin betting options, high-stakes play, and a sportsbook where users can bet using Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPE), Bonk ($BONK) and Floki ($FLOKI). And the team has recently hinted at a major expansion to the roster of meme coins that can be used.
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— MemeBet (@Memebetcasino) May 23, 2024
By purchasing MEMEBET Token, players can unlock massive Play-to-Earn (P2E) airdrop giveaways, special degen rewards, and exclusive VIP benefits.
Players who wager using $MEMEBET Token also earn additional rewards through the platform’s P2E system.
To join the presale, you can buy $MEMEBET Token on the official website for $0.0259 using USDT, ETH, or a bank card. With a price hike coming in less than 4 days, don’t wait too long to lock in the best deal.
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