Moonbeam Price Prediction: GLMR Rallying Strong, Yet Shibie Coin Remains Contender

Updated: 10 August 2023

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The Moonbeam cryptocurrency, GLMR, is in the green trend today. Its price movements suggest the coin’s bullish tendencies could uphold the market value above its previous high point.

This coin is skyrocketing, fueled by strategic integrations and critical partnerships within its ecosystem. The collaborative effort is solidifying its position among the leading players in the market.

Moonbeam Price Shows Resilience

The coin has been up since the last seven and 14 days of trading sessions, with a growth of over 6% and 4%, respectively.

As of 5:00 am EST, the bullish pressure persists, and the coin is trading at $0.241, up by 2.4%. Also, in the last 24 hours, its trading volume has surged more than 100%, rising to $5.2 million.

Moonbeam Daily Chart

As GLMR/USDT ascends toward the upper Bollinger Bands threshold, it signifies heightened bullish momentum.

This analysis can be interpreted as a sign of upward solid pressure, but caution is necessary as it could also hint at an impending correction or consolidation.

If the price break above the Bollinger Bands, it may likely target the significant resistance level at $0.267. Conversely, a drop below the Bollinger Band will signal a bearish momentum.

Meanwhile, the MACD trading above the signal line with green histogram bars aligns with the bullish sentiment present in the market. This bullish crossover implies that the coin’s short-term momentum is strong and upwards.

Also, caution is necessary With the Relative Strength Index (RSI) level reaching 70. This indicates the coin might be overbought and nearing a potential reversal.

Combined with other indicators, the RSI strengthens the case for a bullish run. But monitoring it closely for signs of a corrective pullback is essential.

Also, while several indicators on the chart suggest potential bullish pressure, market performance can change rapidly. A comprehensive analysis of other technical and fundamental factors is crucial to accurately analyze the coin’s trajectory and make informed trading decisions.

Shibie Coin Presale Nears Hard Cap. The Next Shiba Inu?

The recently introduced Shibie Coin has begun its presale with remarkable vigor, swiftly exceeding the $260K milestone within a week of its launch. Shibbie coin seemingly enjoys the buzz around the well-received Barbie movie, generating substantial interest across social media platforms.

Similarly, the immense popularity of the Shiba mentioned above Inu ($SHIB) meme coin is likely attracting more attention to emerging meme coins.

As such, the cryptocurrency realm is excited for the new entrant inspired by the popular meme coin SHIB and Barbie movie. All attention is fixed on Shibie Coin, hinting at forthcoming surprises ahead!

Even in its early developmental phase, this meme coin displays remarkable potential for forthcoming achievement. Its capacity to captivate substantial user interest from the outset enhances the likelihood of future success.

$SHIBIE presents enjoyable and strategic investment possibilities and robust tokenomics that ensure a delightful experience. Of the total Shibie Coin tokens, 60% are set aside for the presale, 5% for marketing, 20% for liquidity, 5% for the team, and 10% for exchange listings.

Shibie Coin wants to attract two kinds of investors. One group is smart traders who know about trends and want to make money from the Barbie movie and the popularity of meme coins.

The other group is people who like risky adventures and want to be part of an active community. Since its presale started, the project has amassed over $260K in funding.

The presale sells at a low rate of $0.000167 per unit, though potential investors should act promptly due to its modest $999,999 maximum funding threshold.

Considering this, Shibie Coin stands as a genuine undiscovered opportunity with notable potential for growth. The initiative has started forming a community, and YouTuber Crypto Clinix and other popular figures have expressed optimism for $SHIBIE’s future.

Though no formal announcements regarding exchange listing have been issued, Shibie Coin’s blend of Barbie and Shiba Inu might result in substantial fame if a top-tier exchange supports the initiative.