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The LayerZero price surged 27% in the last 24 hours to trade at $3.45 as of 04:26 a.m. EST on trading volume that skyrocketed 95% to $455 million.
LayerZero is a blockchain interoperability protocol that aims to provide a seamless way for different blockchains to communicate with each other.
LayerZero Price To Continue Its Rally over The $3.6 Resistance
After its launch, the LayerZero price retraced from the $3.60 resistance level to the $2.52 support zone, according to data from GeckoTerminal. However, ZRO bulls managed to push the token back up from the $2.52 support level to the $3.60 resistance level, forming a bullish rounding bottom pattern.
The ZRO price is trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming a sustained bullish stance. The bulls are now aiming to use the $2.78 and $3.00 levels as primary support zones.
Moreover, the Relative Strength Index (RSI) still trades within the overbought region, currently at 67, which shows that the token is overbought, but with the RSI dropping down.
The retracing RSI could be an indication that sellers are beginning to book profits, which could push the price slightly down to the $3.03 support level, which coincides with the 50-day SMA.
However, if the bulls capitalize on the rounding bottom pattern, the price of LayerZero could soar, with the bulls targeting $4.65.
Meanwhile, as the LayerZero price skyrockets, investor are piling into the Mega Dice (DICE) presale, a project set to be the first GambleFi project on the Solana blockchain.
99Bitcoins, a crypto channel on YouTube, says that $DICE has the potential to surge 100X after its launch.
Mega Dice Presale Blasts Past $1.58 Million – Best Crypto To Buy Now?
Mega Dice (DICE) is a crypto casino and gaming platform that has over 11,000 active users who lock in more than $50 million in bets every month.
DICE is the new, native token for Mega Dice Casino, which continues to garner attention in the crypto realm, having already amassed over $1.58 million in funding.
$DICE presale has raised $1.4 Million 🚀
Current tier price: 0.075 💰
Current presale target: $2M 💰We're implementing multiple tiered price increases, so make sure to secure your #DICE early! Don't forget, you can now utilize your $DICE directly in our Web and Telegram… pic.twitter.com/VAsI6u27aD
— Mega Dice Casino (@megadice) June 7, 2024
Mega Casino also offers over 4,000 casino games and provides access to over 50 sports and eSports betting options.
Take part in the #MegaDiceCasino Mega Saturday Slots Tournament 🎰
Win big prizes every Saturday from 00:00 to 23:59 UTC!
Stand a chance to be one of the top 25 that will earn a share of the 2,500 USDT Prize Pool! 🤑
Get in on the action ⤵️https://t.co/snGB4Dm8Zv pic.twitter.com/pLoxDME2oK
— Mega Dice Casino (@megadice) June 29, 2024
Token holders also can share in the casino’s profits on a daily basis through its unique staking system.
To join the presale, you can buy $DICE on the official website here for $0.0866 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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