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The Ethervista price has soared 62% in the last 24 hours to trade at $31.75 as of 3.35 a.m. EST on a 32% surge in trading volume to $59 million.
Ethervista is a new token launcher DEX on Ethereum, which directly competes with the Pump.fun memecoin launcher on Solana.
The VISTA token’s recent surge has brought substantial gains for a crypto trader who invested shortly after its launch.
The trader put $5,000 into VISTA tokens right after Ethervista, a new decentralized exchange and token minting marketplace on Ethereum, went live. It was worth $670,000 48 hours later.
$5K TO $670K ON ETHERVISTA IN JUST 48 HOURS
Trader 0x430 bought the launch of @ethervista, spending $5K to secure just over 5% of the supply.
He distributed his VISTA holdings across 7 different wallets to sell them off, and after 2 days realized over $670K of profit into ETH.… pic.twitter.com/CdAXlE1XRO
— Arkham (@ArkhamIntel) September 3, 2024
The platform is designed to build a decentralized system for digital assets, offering a wide range of services that enable users to securely, efficiently, and transparently manage and trade digital assets.
Ethervista Price Consolidates As Bears Apply Downward Pressure
The VISTA price is currently trading around $28.97, slightly below the 50 Simple Moving Average (SMA ) at $29.28, acting as a dynamic resistance, and until the price decisively breaks above it, upward momentum may remain limited.
A significant support zone near $28.97 aligns with recent price action, indicating that buyers are actively defending this level.
Additionally, the major support around $16.35, which aligns with the 200 SMA, remains a crucial level if the price declines further. This level underscores the overall bullish trend as long as the price stays above it.
VISTAUSD Analysis Source: Dextools.io
Resistance is notably present near the $40 level, which corresponds with the upper boundary of the highlighted zone on the right side of the chart. This level has proven to be a challenge for the price to break through, marking it as a significant hurdle for any upward movement.
The MACD indicator indicates a bearish momentum, with the MACD average line below the signal line and the histogram in negative territory. This enables the bearish forces indicating potential for further downside pressure in the near term.
Meanwhile, the Relative Strength Index (RSI) is at 45.58, reflecting neutral momentum but slightly favoring bears since it is below the 50 midline level.
Ethervista Price Prediction
Currently, the outlook is slightly bearish due to the rejection at the 50 SMA and the bearish configuration of the MACD.
Additionally, there is a risk of a further decline towards the major support zone near $16.35, if the Ethervista price fails to hold above the immediate support at $28.97, especially given the current bearish MACD signal.
Conversely, for a bullish scenario to unfold, the price would need to break above the 50 SMA at $29.28 and hold, which could then target the next significant resistance near $40. A bullish crossover in the MACD would further validate this upward move.
Final Call: Buy Mega Dice Token Now Before Presale Closes
As the VISTA price hangs in the balance, investors may want to consider shifting their focus to the Solana GambleFi token Mega Dice (DICE), which has already secured over $1.77 million in funding.
WARNING: Time's Almost Up to Grab $DICE at the Lowest Price! 🚨
The $DICE presale is about to close its doors, with the last price increase happening this Tuesday! This is your absolute final chance to get in on the best #GameFi token on #Solana before the price skyrockets! ⏳… pic.twitter.com/vzF1t77DsA
— Mega Dice Casino (@megadice) August 30, 2024
Crypto analyst and Youtuber TodayTrader, with 11.9k subscribers, says DICE could deliver 100X return after launch.
Mega Dice is one of the most popular crypto-focused online casino and betting platforms. It has more than 10,000 active players who wager more than $50 million every month.
The platform offers over 4,500 games, including popular options like slots, blackjack, roulette, and a comprehensive sportsbook, where users can participate and earn passive income.
The Mega Dice team is now planning to enhance its platform by introducing its Solana-based token, DICE.
This utility token will be integral to the Mega Dice ecosystem, providing holders with the chance to earn rewards in DICE and enjoy exclusive access to games and betting options that are unavailable to non-token holders.
🚀 $DICE is landing on Solana! 🎲
Get ready for exclusive benefits, retroactively and with every wager. 🌟
The ultimate casino token experience is coming. Stay tuned for updates through our official channels: Telegram & X.#Solana $DICE 🎰 pic.twitter.com/eDuMR3DH0e
— Mega Dice Casino (@megadice) April 3, 2024
Investors will also have the opportunity to stake DICE tokens to earn a share of the platform’s profits.
Another factor driving investor interest in DICE since its presale launch is the early bird bonuses available to those purchasing DICE during the current ICO phase.
You can join the presale by buying DICE at $0.116056 through the official website’s buy widget.
Buy DICE on the official website here using BNB, ETH, or SOL.
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