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The Yawn price has surged 94% in the last 24 hours to trade at $0.002838 as of 7:30 a.m. EST on a 60% pump in trading volume to $4.3 million.
Yawn Price Analysis: Yawn Blasts In A Bullish Channel
Yawn has skyrocketed from the consolidation zone after the bulls paused in a strong support zone at $0.0007508, pushing the price up in a bullish channel to $0.003499.
Despite the slight drop from this level, the bulls have staged a strong support at $0.002739. Increased momentum should be able to push the price up beyond the bullish channel.
YAWNUSDT Analysis (Source: Tradingview )
Bullish traders have the upper hand and support at the lower boundary of the channel. Though trading slightly above the 50 simple moving Averages, the intense momentum could push the price above the averages. this scenario may help the bulls catapult the prices to a a new high.
The Relative Strength Index (RSI) shows a decline from the overbought zone past the 50 midline to 46. If the price continues the downtrend the the RSI could reach the 30 oversold level. However the support zone could trigger a rebound and push the RSI back to the 50 midline level.
On the other hand, the Moving Average Convergence Divergence (MACD) is signaling a bearish trend. The blue average line recently crossed below the orange signal line above the neutral level, suggesting bearish momentum. However, the histogram bars indicate positive price movement, further supporting the bearish outlook.
Yawn Price Prediction: Bulls May Drive The Price Above The Channel
The bulls have an opportunity to push the price up above the bullish channel. the RSI trending near the 30 oversold region could trigger a rebound and help continue the bullish momentum for the Yawn price. In such a scenario the bulls could spark a rally, potentially reaching a new high at $0.04555.
Conversely, if the bears continue the corrective phase they could force the price to fall below the current support and eventually below the lower trendline of the channel
Additionally, 200 SMA currently serve as resistance above the upper trendline of the channel, indicating that the bears could regain control and push the price down to the $0.001939 support level.
PlayDoge Presale Zooms Past $6 Million: The Next 100X Meme Coin?
As the Yawn price surges, the PlayDoge (PLAY) presale is recording explosive growth with funds raised rocketing past $6 million.
As a Dogecoin derivative, $PLAY is a meme coin centered on the Shiba Inu dog breed. But the similarities end there.
PlayDoge is a mobile play-to-earn (P2E) game that turns the DOGE meme into a Tamagotchi-style virtual pet, allowing players to earn $PLAY tokens.
POV: You the week after #Presale ends 🍝 🌅 pic.twitter.com/alc8nfsfMl
— PlayDoge (@PlayDogeGame) July 25, 2024
Blending ‘90s nostalgia with modern blockchain technology, the game features an 8-bit pixel Doge in a retro mobile format. Players can feed, engage in mini-games, and build a bond with their virtual pet, earning $PLAY tokens based on their in-game performance.
Unlike Dogecoin, PlayDoge operates on the BNB Chain, a blockchain developed by Binance, the world’s largest crypto exchange.
In addition to earning through gameplay, token holders can passively earn by staking $PLAY, with an attractive annual percentage yield (APY) of 77%.
According to 99Bitcoins, a prominent YouTube channel with over 700K subscribers, PLAY has the potential to surge 10X after its launch.
You can buy $PLAY tokens for $0.00527 each on the official website. With a price hike coming in less than 2 days, buy soon to lock in the best deal.
Buy $PLAY here using BNB, USDT, or a bank card.
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