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The OpSec price surged 37% in the last 24 hours to trade at $0.5758 as of 8.38 a.m. EST on trading volume that jumped 43% to $3.5 million.
The recent surge in the OPSEC price has helped it soar 268% in the past week as it emerges from a period of consolidation.
The OpSec Price Rally In A Rising Channel
The OpSec price has broken out of the consolidation stage as the bulls initiated a buying surge on $0.1343 support, forming a rising channel marked by higher highs and lows.
OPSECUSD Analysis. Source: Dextools.io
The price currently trades above the 50-day and 200-day simple moving averages (SMAs), affirming the bullish sentiment. Furthermore, the SMAs indicate a cross at $0.1770 coinciding with the lower boundary of the rising channel.
The MACD is bullish, with the blue line crossing the signal line above the neutral level line. Moreover, the histogram is bullishly rallying above the neutral line, indicating intense buying pressure.
The Relative Strength Index (RSI) has been on a gradual uptrend, bullishly entering the overbought region of 70 to 72. A continued bullish momentum could sustain the RSI in the region, indicating intense buying pressure for the OpSec price.
OpSec Price: Sellers Might Enforce A Correction
The OPSEC price maintains a general bullish stance as bulls look to achieve new highs in the upcoming weeks. However, they face the risk of the bears driving the price downwards to make a correction and recover their profit.
If this scenario takes place, the bulls could be looking at $0.4052 as a protective support zone to regroup and force the price upwards again
Meanwhile, investors are eyeing the potential for a 10X return by the eTukTuk presale project as it tackles global carbon emissions head-on.
eTukTuk: Revolutionizing Transportation In Developing Countries
eTukTuk operates on the Binance Smart Chain, using a decentralized sharing economy model for scalability, security, and efficiency. It is on a mission to transform the transportation industry in developing countries such as Sri Lanka and India by introducing electric TukTuks (small three-wheeled vehicles) and setting up a network of electric vehicle charging stations.
"Breakout crypto eTukTuk is working on improving urban transportation in developing nations with electric vehicles and blockchain technology." – @cryptonews
Read more here: https://t.co/7hr62WePzm
— eTukTuk (@eTukTukio) February 8, 2024
The idea is that electric Tuk Tuks can provide a cheaper solution for Tuk Tuk drivers facing high fuel prices, while at the same time slashing harmful emissions from internal combustion engines. The developing world has more than 270 million Tuk Tuks.
A Passive Income Opportunity Through Staking TUK Tokens
Users of the eTukTuk platform can earn passive income by staking their $TUK tokens for an annual pay yield of 215%.
Introducing Buy and Stake mechanism, get $TUK tokens and instantly stake them, initiating a dynamic APY.
Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. 💫 pic.twitter.com/pMrXEZzB3f
— eTukTuk (@eTukTukio) October 10, 2023
They can also earn rewards through a play-to-earn game that’s launching soon. Similar to Crazy Taxi, the game enables investors to earn TUK tokens when they complete missions that require picking up and dropping off passengers on the bustling streets of Sri Lanka.
YouTuber and crypto analyst Alessandro De Crypto says that eTukTuk presents a great opportunity for potential 10x returns.
https://youtu.be/DDU_5iXPzkA
The presale has surged past $1.035 million in funds raised as it heads for its $1.164 million target and is gaining momentum. Those interested should act quickly before the stage sells out and secure the tokens at the lowest possible price. They are currently priced at $0.02675.
You can buy $TUK on the official eTukTuk website by connecting your digital wallet and swapping your BNB or USDT. You can also buy directly using your bank card.
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