RSS3 Price Prediction: A promising future? RSS3 token May Be Taking Cues from “Internet’s Favorite Meme Investment”

The next-generation feed protocol, RSS3, has entered an upward trend today, with its price breaking the previous support level. While most coins struggle, the RSS3 coin surged massively by over 60% from the $0.1063 mark to $0.1638

But given the meager gains recorded in the broader market today, RSS3’s rally could be hinged on other notable factors. The sudden surge was notably triggered by Bithumb’s August 7 announcement about listing RSS3 to its Korean won (KRW) market.

🚀 알에스에스쓰리(#RSS3) 원화 마켓 추가 및 에어드랍 이벤트 안내#RSS3 will be added to the KRW market today.

알에스에스쓰리(#RSS3)가 궁금하다면?🔍 https://t.co/Jy4OLJC6d1
Airdrop EVENT 👉 https://t.co/bZOlyYtTsl#bithumb #Listing #KRWmarket @rss3_ pic.twitter.com/VteLuxQWBv

— Bithumb (@BithumbOfficial) August 8, 2023

RSS3 Drops Below 200-Day SMA. What Next?

Over 30 days, the RSS3 Coin has experienced more than 23% of its price growth. Also, its trading value signifies a 400% uptick in the last 24 hours today. RSS3 is still holding above the $0.10 price level. 

RSS3 is trading at $0.131 as of 6:00 am EST. Despite the slight 6% dip in the 1-hour trading session, RSS3 still has long-term bullish potential. 

RSS3/USD Daily Chart

The chart above shows that RSS3 hovers slightly below its 200-Day Simple Moving Average (SMA) yet maintains a position above the 50-Day SMA, suggesting a mixed market sentiment. 

However, this indicates that the asset’s immediate trend appears more favorable than its extended trajectory, hinting at a possible consolidation phase. 

Also, an RSI level of 81in the overbought region demonstrates today’s high buying pressure and demand in the RSS3 market. 

However, given the overbought condition, a price retracement is imminent since the buyers have long passed their saturation point. Furthermore, the MACD histogram bar is green, confirming today’s bullish momentum. 

If the buyers can sustain the bullish momentum, RSS3 may surge to the significant resistance at $0.20456 in the coming days. Otherwise, the price may plummet toward the support level of $0.10 if the bears reclaim market control.

Meanwhile, a fresh and undiscovered opportunity, the Shibie presale, sets new records, offering hopeful prospects for investors searching for alternatives to RSS3.

Shibie Coin: The Exciting Blend of Barbie and Shiba Inu Races Towards Rapid Presale Following Impressive $160K Raise

The blend of Barbie culture and Shiba Inu’s meme aesthetics sets Shibie Coin apart from its ancestors. Shibie Coin is a fresh meme coin that draws inspiration from a mix of Barbie and Shiba Inu.

This project was unveiled after the widely acclaimed Barbie movie launch recently captured global attention. SHIBIE aims to mirror Barbie movie’s box office record and Shiba Inu’s six-figure price rally to the 2021 all-time high.

Shibie Coin is being offered a capped amount of only $999,999, which has already generated an impressive $200K. 

Given the massive interest in the project and its significantly low presale hard cap, the presale is expected to reach its limit swiftly. There are only six days until presale ends, ample time for interested investors to join early. 

Investors who utilize its current price of $0.000167 could gain massive ROI when the coin launch on crypto exchanges.

As outlined in its whitepaper, the project allocated 60% of the total token supply for presale, 20% for liquidity, 10% for CEX listings, and 5% each for marketing and the project team.

Shibie Coin’s appeal has resonated widely, garnering attention from notable analysts such as Jacob Bury, who lauded the project. An attractive aspect is its potential for astute investors to leverage the cultural touchpoints presented in the recent movie.

Additionally, the project promises an enjoyable “tail-wagging journey” and intends to introduce an AI-powered Telegram bot to facilitate lighthearted interactions within the community.

Charting a Promising Path: $SHIBIE’s Presale Debut and Roadmap for Exchange Expansion

While the presale signifies a remarkable market entrance for the Shibie coin, it also begins an exciting journey. The project’s roadmap outlines a comprehensive outline of its steps as it marches to greatness.

$SHIBIE’s vision includes significant listings on major cryptocurrency exchanges, paving the way for considerable expansion in the future.

An inherent outcome of CEX listings is heightened trade volume, often accompanied by enhanced liquidity, decreased price fluctuations, and heightened market attention.

All these elements are anticipated to be pivotal in consolidating $SHIBIE’s market stance once it enters the exchange domain. Prospective investors can join the $SHIBIE presale via the project’s website and exchange ETH OR BNB for the tokens.

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