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The Milady Meme Coin price jumped 30% in the last 24 hours to trade at $0.000000255 as of 4:30 a.m. EST on trading volume that skyrocketed 179% to almost $48 million.
The token’s 30% surge represents only the latest bullish push after LADYS hit a new all-time high of $0.0000002923 early today. LADYS has soared 100% in the past week and 343% in a month.
$LADYS just rocketed to a new ALL-TIME HIGH 🏆
This is HUGE for the Milady Meme Coin community!
Not on the $LADYS train yet? This could be your chance to jump in! pic.twitter.com/RHxwJ1ayG5
— Milady (@miladymemecoin) March 11, 2024
The LADYS surge comes as part of a major bull run led by Bitcoin that has pulled the entire market along with it. The sentiment is still overwhelmingly bullish throughout the crypto industry,
Milady Meme Coin Price Prognosis
While Milady Meme Coin seems to have hit a strong resistance at $0.00000029, which caused a rejection, there are a few reasons to believe that the token is about to bounce back up, and potentially retest this level.
Apart from the fact that the market is still overwhelmingly bullish, technical indicators suggest that the token is about to see another price surge. For example, LADYS’ Bollinger bands have seen a sharp narrowing as the price started to drop, only to now start going wider and wider once more. This is a positive, bullish sign, even though the price is currently closer to the lower band.
Another technical indicator that suggests an incoming price surge is the token’s Relative Strength Index (RSI) value. As it is visible on the chart above, the RSI score went deeply into the overbought zone yesterday, and it has been dropping ever since, sinking to the oversold sector recently.
Now, however, the RSI value is once again increasing toward the neutral levels. Combined with Bollinger bands, these are two very strong bullish indicators that suggest that LADYS is likely to see its price recover in hours to come.
The token still has some strong resistances to breach, but if the bulls manage to push it back up, it could go to $0.00000028 with relative ease, and potentially even hit a new ATH by climbing to $0.00000030.
Alternatively, its price could drop to $0.00000020 if the bears take over and push the bulls out of the way, although this is a less likely scenario.
Promising Alternative to Milady Meme Coin
While many signs suggest that buying Milady Meme Coin could bring significant benefits, there are many other great opportunities in the current crypto space, too. One such opportunity is Sponge V2 (SPONGE).
Sponge (SPONGE) launched its original version in 2023, when it soared a massive 100x in a bear market.
The Sponge development team believe that they can make the project bigger and better than before, which is why they discontinued Sponge V1 in favor of Sponge V2.
📣 Attention, #SPONGERS!
Here is some important information to remember about $SPONGE V2!$SPONGE V1 has officially been discontinued, and V2 has been launched on #Polygon! 🔥
Learn more about the token details below 👇https://t.co/TCdxgXx40w
🧵1/3 pic.twitter.com/YZzXOlKmHY
— $SPONGE (@spongeoneth) February 6, 2024
All V1 tokens have been bridged to V2, and users were given an option to stake them and earn even more in rewards.
So far, the total amount staked and bridged is over $26.67 million, and this figure continues to rise daily.
At its launch, V1 had a price of $0.000025. Right now, the current price of SPONGE tokens sits at $0.002612, representing a 10,449% increase.
The project also attracts investors because it offers an outstanding APY of 447% on Polygon.
With rumors that new listings on top tier exchanges are to be announced soon, interested investors should act quickly before the hype around the new launches pushes its price higher.
You can buy Sponge V2 directly in exchange for ETH or USDT. Visit the Sponge V2 presale here.
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