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The Nubcat price soared 54% in the last 24 hours to trade at $0.02530 as of 04:42 a.m. EST on trading volume that rose 14% to $3.56 million.
This comes as Solana soared 7% in the last 24 hours to trade at $134, as the Solana ecosystem tokens gained 3% to a $206 billion market capitalization.
Nubcat Price Gearing Up For A Bullish Rally Over The Falling Wedge Pattern
The Nubcat price has been on a downtrend in June, trading within the falling wedge pattern, data from GeckoTerminal shows. However, the bulls have found some support around $0.0164, enabling them to push the token over the upper boundary of the falling wedge pattern.
NUB price bulls seem to be pushing the token toward a rally above the wedge. However, the resistances around $0.02594 and $0.03729 (50-day and 200-day Simple Moving Averages (SMAs)) act as the threshold that the bulls aim to overcome.
The Relative Strength Index (RSI) is soaring over the 50-midline level, as it closes in on the 70-overbought region, showing continued investor optimism.
Moreover, the Moving Average Convergence Divergence (MACD) is also bullish, with the MACD line (blue) crossing above the signal line (orange), forming a bullish crossover, which could push the token above.
The Stochastic Oscillator 14 3 3 line (blue) also crosses above the orange trigger line, representing a bullish moving average crossover, which could prompt the bulls to buy more.
Nubcat Price Prediction
The Nubcat price analysis on the 4-hour chart indicates that the token is set for a sustained bullish stance over the falling wedge pattern, as the bulls target $0.060.
However, in an inverse scenario, if the bears sustain the momentum, the bulls could retreat to the $0.017 support level, which acts as a cushion against downward pressure.
Meanwhile, investors are rushing to buy the new Solana meme coin Sealana (SEAL) before its presale ends today, June 25, at 6 p.m. UTC.
#Sealana has got some big news for y'all today! 🦭🍻 After a long night of drinking, doin' American $SEAL things 🇺🇸 and blacking out! 😵 He woke up with some real mental clarity and made the call that the #Presale's gonna end on June 25th at 6 pm UTC! ⏰
You know what that… pic.twitter.com/va7W8abVjb
— Sealana (@Sealana_Token) June 6, 2024
Buy Sealana Before Presale Ends Today – Last Chance
The Solana meme coin market has been growing this year, evidenced by the inception of bigger meme coins, including WIF, BOME, and SLERF.
One such meme coin, Sealana, has been gaining traction, after having raised over $5 million in its presale.
Sealana is based on a chubby seal in the Solana Sea who spends all day at his computer, gorging on chips and canned tuna while searching for the next big Solana meme coin.
What better way to show your love of Lambos, Massive Gains & Freedom than getting a #USA tattoo to show for it! 🇺🇸 #Sealana knows what’s best for American made #Memecoins and has a plan to make them great again! 🦭
Send $SOL 💸 and let him be an example for all #Degens!💪 #MAGA pic.twitter.com/B4aBZ2wEbI
— Sealana (@Sealana_Token) June 14, 2024
This character, once sleek and agile, is now messy and obese, driven by an insatiable appetite for junk food.
According to Crypto Boy, a prominent crypto analyst, and Youtuber, SEAL has the potential to soar 100X after its launch.
After the conclusion of its ICO in about 10 hours, tokens will be airdropped to investors, with the distribution event reportedly taking place on June 27.
To participate in the presale, visit the official website to buy SEAL tokens here for only $0.022 per token.
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