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The Koala AI price surged more than 29% in the last 24 hours to trade at $0.000006115 as of 4:36 a.m. EST as investors FOMO buy into the altcoin.
The lastest KOKO price jump has helped the token skyrocket 98% in the past month.
The Koala AI Price Trying To Overcome A Technical Barrier
4-hour chart for KOKO/USD (Source: GeckoTerminal)
The Koala AI price is attempting to overcome the resistance level at $0.000006321. Breaking above this technical barrier in the next 12 hours could lead to the continuation of the meme coin’s bullish trend. Traders might then push the crypto’s price to as high as $0.000007660.
On the other hand, the Koala AI price failing to clear the $0.000006321 resistance within the next 12 hours could bring an end to KOKO’s positive trend. In this more bearish scenario, the meme coin might be at risk of correcting down to the immediate support level at $0.000005712. Continued sell pressure could then lead to the Koala AI price falling to $0.000004860.
Technicals Warn The Koala AI Price Could Keep Rising
From a technical perspective, indicator’s on KOKO’s 4-hour chart show that buyers have the upper hand over sellers. However, there are signs that bulls might be losing their short-term dominance.
In the last 12 hours, the Moving Average Convergence Divergence (MACD) line crossed above the MACD Signal line. Traders usually see this specific technical event as a sign that a crypto has entered a bullish phase. With the gap between the two lines gradually growing, it seems KOKO’s positive momentum is intensifying.
Meanwhile, the Relative Strength Index (RSI) broke above the 50 threshold throughout the past day of trading to suggest that buyers have taken control of the Koala AI price. The current value of 57 indicates that bulls still have a tight grip on the meme coin’s price.
Traders will, however, want to keep an eye on the RSI because it has started to level out in recent hours. This could present bears with an advantage to take control of the Koala AI price if sellers rally together.
As the Koala AI price tries to break above resistance, investors are flocking to meme coin rival Memebet Token (MEMEBET), which influential YouTuber ClayBro told his 130K subscribers will ”lead crypto gaming.”
The First Meme Coin-Centric Online Casino
Memebet Token (MEMBET) will give meme coin lovers the ability to potentially grow their holdings through an engaging online casino.
The best part is that investors won’t even have to swap their meme coins for another crypto before they can start playing on the platform, and can instead wager their meme coin holdings directly.
With 100s of crypto-native games and a global sportsbook that includes EPL, NBA and other major sports, there are many ways for players to grow their holdings on the platform.
In addition to the chance to win big by directly betting their meme coin bags, players will also stand to earn crypto by simply playing on the platform. The more users wager on the Memebet Token casino, the more rewards they could earn in the project’s upcoming airdrop events.
MEMBET Token holders will also unlock exclusive benefits, including bonuses and additional challenges on the Memebet Token casino.
Charging Towards $1 Million In Presale
Investors are betting big on MEMEBET Token’s future, which is evident by the more than $535K the project has already raised through its ongoing presale.
Half-cut and feeling lucky. What could possibly go wrong? pic.twitter.com/61NjKTJknP
— MemeBet (@Memebetcasino) October 26, 2024
Anyone who wants to get in on the rewards on offer can do so by acquiring the token through the simple buy widget embedded on the project’s official website.
Selling for $0.0262, the meme coin can be bought with either bank card, ETH, BNB or POLY.
Purchase the Memebet Token on its official website here.
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