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The Klaus price surged 126% in a week despite being down 7% in the last 24 hours to trade at $0.04013 as of 00:40 a.m. EST on trading volume that plunged 32% to $2.8 million.
Klaus Price Aims For A Breakout
The Klaus price recently experienced a significant rally, but since the peak, it has entered a consolidation phase, now ranging between two key horizontal levels: resistance at $0.050 and support around $0.0309 within the sideways pattern, according to data from GeckoTerminal.
Klaus now trades above the 50-day Simple Moving Average (SMA), as it acts as the immediate support at $0.03525.
The Relative Strength Index (RSI) value is at 51.25, which is a neutral reading, indicating neither overbought nor oversold conditions. It reflects that the market is now in equilibrium, aligning with the sideways price action.
In a bullish scenario, a breakout above the $0.05000 resistance with increased volume would suggest a continuation of the previous bullish trend, potentially leading to another leg higher.
In this scenario, the bulls could push the price of Klaus to the next possible resistance level at $0.060.
Meanwhile, if the bears take control of the price at this level, the price of Klaus could plunge back, with $0.020 acting as the next possible support and a cushion against downward pressure.
As the Klaus price plunges, the new meme coin project Crypto All-Stars is racing towards $3 million in funds raised in its ICO.
According to 99Bitcoins, a prominent crypto channel on YouTube with over 706K subscribers, $STARS has the potential to soar 100X after its launch.
Crypto All-Stars Presale Secures Over $2.59 Million – Best Meme Coin to Buy Now?
Crypto All-Stars is the first platform to offer investors the opportunity to stake multiple meme coins in one place via its innovative MemeVault.
Why Is Everyone Excited?
In its initial presale phase, Crypto All-Stars raised over $350k! 💰
This early success shows that investors see BIG potential here. 🚀
Could this be the next $PEPE? 👀
— web3telepath (@web3telepath) August 15, 2024
Eleven coins can be staked from the outset: Dogecoin, Shiba Inu, Pepe, Floki, Brett, Mog Coin, Milady, Turbo, Toshi, Coq Inu, and Bonk. More meme coins will be added in the coming months.
You can also earn passively through the project’s native staking mechanism, which offers a huge 587% annual percentage yield (APY) on staked STARS tokens.
You can buy the token now for $0.0015127. But the price will increase in less than 2 hours, so act fast to lock in the best deal.
Purchase $STARS from its official website here using BNB, USDT, or a bank card.
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