Pulsechain Price Forecast: PLS Pumps 54% In A Week As This Meme Coin Readies To Capitalize On Bitcoin's Biggest Ever Bull Run

Pulsechain Price Forecast: PLS Pumps 54% In A Week As This Meme Coin Readies To Capitalize On Bitcoin’s Biggest Ever Bull Run

ByLockridge Okoth

Updated: 27 October 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

Pulsechain price is up 54% in the last week, trying to nurture a recovery rally after a 90% fall. At 9 am EST it was trading at around $0.000068.

After finding support at $0.1232, the cryptocurrency again pushed north, with 3% gains in the day. However, trading volume has dropped 25% in the last 24 hours, but PLS token holders remain bullish.

Pulsechain Price Prediction As PLS Tries To Recoup Lost Ground

Pulsechain price is attempting a recovery rally after a 50% weekly surge. However, it would require much effort from the bulls, considering the Relative Strength Index (RSI) remains below the 50 level. With this, the odds continue to favor the bears, with the PLS uptrend likely to delay.

Traders who bought PLS tokens before the 54% surge will likely start booking early profits after a break above the $0.2000 psychological level proved premature. The ensuing selling pressure could send Pulsechain to the floor price of around $0.1232.

Technical indicators also corroborate the bearish thesis, with the RSI deviating to the south after a rejection from the 50 midline. Its inclination south shows buyer momentum is falling and culminates in PLS retesting the floor price.

The Awesome Oscillator (AO) indicator is also in the negative zone, indicating that bears have more say in the PLS market than bulls.

Meanwhile, consider an alternative that is more promising in terms of growth potential. BTCMTX made its debut only recently but is already scaling the altcoin ladder, leaving analysts in awe, anticipating 10X growth potential with every passing day.

Pulsechain Alternative

To enjoy all the Bitcoin Minetrix ecosystem offers, buy BTCMTX today using Ethereum (ETH) and Tether (USDT) stablecoin, with one token for just $0.0112. Notably, the third stage is due to end in just one day, meaning you have barely 24 hours to acquire the altcoin at current rates because with every stage comes a significant price increase.

That’s right! #BitcoinMinetrix Stage 3 is ending in 1 day! 🔥 pic.twitter.com/DUWQ1IgVpd

— Bitcoinminetrix (@bitcoinminetrix) October 27, 2023

The project is easy to use, not requiring any training or technical expertise whatsoever. With a seamless dashboard, the entry barrier is very low, with the project prioritizing user convenience. Specifically, it spares you hassles relating to hardware costs, space, noise, and heat. You also avoid the exposure to fraud that is characteristic of traditional mining.

Exploring all the options with #BitcoinMinetrix! ⚒️

A simple path to cloud mining:

✨ Easy of entry for beginners
💵 Cost-effective without hardware expenses
🌆 No worries about space, noise, or heat
🚀 Smooth upgrades#Bitcoin #CryptoMining pic.twitter.com/ZxRDAzqj6m

— Bitcoinminetrix (@bitcoinminetrix) October 27, 2023

Buy Bitcoin Minetrix and join a community of forward-thinking investors using simple means to own BTC. Stake your tokens and earn credits, then redeem these credits for mining hash power. Find all these under a single dashboard here.