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The Jeo Boden price skyrocketed 74% in the last 24 hours to trade at $0.01621 as of 3:25 a.m. EST on an 83% surge in trading volume to $4.6 million.
The rise in the BODEN price comes after the vice-presidential debate between Tim Walz and JD Vance, which addressed issues including immigration, abortion, the economy, climate change, and the Middle East crisis.
JD Vance: "Governor Walz, you blamed Donald Trump. Who has been the Vice President for the last three-and-a-half years? And the answer is your running mate, not mine. Donald Trump consistently made the world more secure. #debate #Debatenight #DebateNight2024 pic.twitter.com/1YQI3M7F7k
— Breaking News (@TheNewsTrending) October 2, 2024
Unlike the heated presidential debate, this encounter remained unexpectedly civil and relatively calm. The upcoming elections on November 5th have also heightened focus on economic policies, influencing trading activity around related tokens.
Jeo Boden Price Spikes In A Parabolic Curve
The price action of BODEN/USD in a 4-hour time frame highlights the price moving through an extended period of consolidation, depicted by a flat trading range. This phase was followed by a parabolic rise, indicating a surge in bullish momentum. The steep upward curve and the presence of two blue arrows pointing higher suggest expectations of continued upward movement.
The 50-period simple moving average (yellow) and 200-period SMA (green) are trading below the price, which has moved significantly above, reflecting strong bullish momentum. The convergence and subsequent crossing of these moving averages, known as a “Golden Cross,” further signal a bullish trend.
BODENUSD Analysis Source: Dextools.io
Jeo Boden Price Technicals Indicate A Possible Correction
The MACD (Moving Average Convergence Divergence) indicator also shows a bullish trend, with the MACD line (blue) above the signal line (orange) and both above the zero line. Positive histogram bars reinforce the bullish sentiment, indicating that buying pressure currently dominates the market.
Meanwhile, the Relative Strength Index (RSI) stands at 76.22, in the overbought zone, indicating intense buying pressure for Jeo Boden price. This also shows that the price has risen too quickly and may soon be due for a pullback or consolidation. However, the RSI can remain overbought in a strong uptrend for a while.
BODEN price presents a strong bullish trend, driven by the parabolic rise, positive moving averages, and bullish MACD signals. Nevertheless, caution is warranted due to the overbought RSI, which suggests the potential for a pullback or consolidation. Further upward movement may follow if the price is above key support levels.
Crypto All-Stars Presale Nears $2 Million Mark: Best Crypto To Buy Now?
As the Jeo Boden price continues its upward trajectory, the presale for the new meme token Crypto All-Stars (STARS) has also experienced turbocharged growth with more than $1.9 million in funding.
One reason investors are drawn to the project is its eye-popping 778% annual yield on staked tokens, with over 947 million tokens already staked.
The project’s momentum has attracted ClayBro, a prominent crypto analyst with over 130K subscribers, who says PEPU has the potential to explode after its launch.
Crypto All-Stars is developing a new staking platform called MemeVault, which allows users to stake popular meme coins in one place to earn rewards.
This unique platform simplifies staking by providing a single, streamlined experience, with all rewards paid out in $STARS tokens.
MemeVault will support staking for 11 popular meme coins initially: Pepe, Dogecoin, Shiba Inu, Floki Inu, Milady Meme Coin, Brett, Turbo, Mog Coin, Toshi, Bonk, and Coq Inu.
Is @all_stars_coin the best meme coin launch of 2024?!
🚨 CRYPTO ALL STARS – Presale 👉 https://t.co/Ra9yjwiXI8 pic.twitter.com/yRAcnUdMxM
— Austin Hilton (@austinahilton) September 27, 2024
MemeVault uses Ethereum’s ERC-1155 token standard to provide secure staking for all ERC-20 tokens.
You can buy $STARS for $0.0014769 through the buy widget on the official website. Buy before a price hike in less than 2 days to get the best deal.
Buy $STARS here using BNB, USDT, or a bank card for 778% APY.
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