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The Peanut The Squirrel price has soared 13% in the last 24 hours to trade at $1.77 as of 12:30 a.m. EST on a 7% surge in trading volume to $2 billion.
Peanut The Squirrel Price Gears For Another Bullish Rally
The PNUTUSD pair has been on an exciting journey lately. For a while, the price moved sideways, stuck in a tight consolidation range between $0.20 and $0.30. Then, out of nowhere, a breakout happened near $0.6796, igniting a surge of momentum that pushed the price higher.
Buyers piled in, driving the price to impressive heights, where it now sits at $1.75303. Despite a slight pullback of 6.58% in the latest candle, the overall picture still feels optimistic.
PNUTUSD Analysis Source: Dextools.io
After that explosive rally, the market took a breather forming a bullish pennant, a classic pattern that often hints at more upward movement. At the same time, the 50 SMA, sitting far below $1.18, acted like a safety net, showing just how strong the recent uptrend has been. The 200 MA, meanwhile, stayed hidden out of view as if it wasn’t needed yet in this bullish run.
The technical indicators tell an equally compelling story. The MACD, with its blue line hovering above the signal line, signals that buyers are still in control, though the momentum has cooled slightly during the pennant’s formation.
The RSI, on the other hand, is resting comfortably at 57.04, showing there’s still plenty of room for growth without hitting overbought levels.
The big question now is whether the price can break above $2.00. This level is the gateway to higher highs, potentially leading the pair to targets around $2.50 or even $3.00. But if the market falters, support levels at $1.50 and $1.18 stand ready to catch the price and provide a base for another attempt.
Right now, all eyes are on that $2.00 resistance. A breakout here, especially with strong volume, could spark the next leg of this bullish journey.
Flockerz Combines Meme Power And Vote-To-Earn Rewards
As Peanut The Squirrel Price pumps, rising meme coin star Flockerz (FLOCK) has smashed past $2.2 million in its presale, attracting the attention of YouTubers including ClayBro.
He recently told his 131k subscribers that FLOCK could be a 20x crypto gem after it lists.
Flockerz isn’t just another meme coin. It brings innovation to the table with its Vote-to-Earn (V2E) reward system. Here, the community doesn’t just hold tokens, they also have a say in shaping the project, and every vote cast in crucial project decisions earns additional $FLOCK tokens.
This decentralized governance model ensures that power truly lies in the hands of the community, and makes every decision a money-making opportunity.
But voting isn’t the only way to make money in FLOCK because its annual staking return is a jaw-dropping 937%.
Rewards for both voting and staking set Flockerz apart from the rest of the meme coin masses.
The Flocks fashion sense NEVER goes out of style.
Look at these fashionistas! 🐦🎀 pic.twitter.com/CqemtAMztd
— Flockerz (@FlockerzToken) November 17, 2024
Investors who want to join the presale can easily purchase $FLOCK tokens through the official website using ETH, BNB, USDT, or even a simple bank card.
Currently priced at just $0.006053, $FLOCK tokens are still available at an attractive rate.
With a price hike set to occur in a little more than 2 days, early birds have a limited window left to lock in the best deal.
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