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The Oasys price plunged 15% in the last 24 hours to trade at $0.071 as of 11:55 p.m. EST on trading volume that soared 52% to $24.5 million.
OAS fell despite an announcement of its listing on the Upbit centralized exchange (CEX).
📢 Exciting news!
Oasys is thrilled to announce that Upbit ( @upbitglobal ), the largest cryptocurrency exchange in South Korea, is listing $OAS with $USDT and $BTC pairs🌐✨
Check out the details here: https://t.co/cp4KxaWHVF #Oasys #Upbit #Blockchaingaming
— Oasys | Blockchain for Games (@oasys_games) May 23, 2024
Oasys Price To Sustain Its Rally Over The Falling Wedge
The Oasys price has been on a downtrend from March to mid-April, where it found support around $0.060, data from Coingecko shows. OAS bulls aim to capitalize on the price moving within the falling wedge pattern to propel the price, having breached the upper boundary of the wedge.
Moreover, OAS is trading above the 9-day Exponential Moving Average (EMA), generating a buy signal in the market, which in turn aims to capture short-term momentum in the market.
The Relative Strength Index (RSI) is also trading above the 50-midline. This indicates that buyers have the upper hand here. If the bulls continue pushing the price and buying more, the RSI could soar to the 70-overbought region, signifying intense buying pressure.
Oasys Price Prediction
The Oasys price analysis on the 4-hour chart indicates OAS is set to continue its surge over the falling wedge pattern as it aims to reclaim the $0.090 resistance.
However, if the bears sustain the pressure to push OAS back to the wedge. The price might drop below the 9-day EMA, triggering a sell-off and pushing OAS to the $0.05 support level.
As the OAS price is set for a trend reversal, some investors might want to consider buying into the $5SCAPE presale, which has already secured over $6.1 million in early funding.
According to Cryptonews, a popular crypto YouTube channel, $5SCAPE could potentially surge 100X after launch.
5th Scape: The Next 100X Return On Investment
5th Scape (5SCAPE) is a platform that aims to blend innovation with entertainment, with a promise of being a game-changer in virtual entertainment. Its innovative initiative in merging VR, AR, and blockchain technology creates a cohesive ecosystem.
With 5SCAPE, step into a world where the only limit is your imagination. Here’s what awaits you:
Lifetime Free Access 🎁: Say goodbye to subscriptions! Enjoy a never-ending library of curated VR content that evolves with your tastes.
Exclusive In-Game Advantages 🔒: With… pic.twitter.com/AiPTd6NWer
— 5th Scape (@5th_scape) May 9, 2024
The project aims to revolutionize the VR gaming experience by offering immersive games, VR hardware, and a utility token, $5SCAPE. The development team also seeks to offer an immersive VR gaming platform.
🌟 Unlock new dimensions with 5th Scape! Dive into adrenaline-pumping battles, precision archery, and high-speed racing—all within the limitless virtual realm. Holding 5SCAPE tokens unlocks exclusive benefits like free games, discounts, and seamless in-world transactions.
The… pic.twitter.com/LNO30KXRPW— 5th Scape (@5th_scape) April 20, 2024
Beyond VR games, 5th Scape also will provide educational content and movies.
With the listing price fixed at $0.01, buying tokens now at $0.00327 locks in gains of almost 206% before launch.
If you’re interested in participating, you can buy $5SCAPE tokens with ETH, MATIC, USDT, or BNB on the official website here. You can also buy directly with a bank card.
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