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The Serenity Shield price rose 20% in the last 24 hours to trade at $0.79 as of 03:21 a.m. EST on trading volume that surged 36% to $8.3 million.
This comes as the project aims to transform the data storage front in blockchain, having tied up several partnerships to this end, the most recent with Contentra.
Global publishing house puts 10 million gigabytes on chain
Following our recent Press Release with ntentra Technologies, we've got some thrilling developments to share with our amazing community! 🌐💼
🔒 Our partnership with Contentra involves storing a total of 10 million… pic.twitter.com/QSZ7WchUvD
— Serenity Shield (@SerenityShield_) April 11, 2024
Serenity Shield Price Set To Sustain The Bullish Momentum
The Serenity shield has been on an uptrend in the last two weeks, recording a 25% increase in that time. SERSH bulls have been dominant within the $0.75 and $0.65 range. The bullish stance has been sustained over this range, pushing the price to retry the $0.79 resistance.
The price fluctuation between these levels has allowed the price to move within the bullish pennant.
Additionally, SERSH has been trading above both the 50-day and 200-day Simple Moving Averages (SMAs), which suggests that the price is on an upward trend.
The Relative Strength Index (RSI) is moving up at 64, showing intense buying pressure. If the bulls sustain the bullish momentum, the RSI may soar to the 70-overbought region, indicating increased interest from investors, which could push the price to new highs.
Moreover, the Moving Average Convergence Divergence (MACD) is also bullish, with the moving average line (blue) crossing above the signal line (orange), representing a bullish crossover. A bullish crossover always indicates a signal for the bulls to add to their buys.
The green bars on the histogram also extend beyond the neutral line, which shows that SERSH is on a positive trajectory.
Serenity Shield Price Prediction
The Serenity Shield price analysis shows that SERSH is on a bullish trend, with the price surpassing the upper boundary of the bullish pennant. Additionally, the 50-day SMA crosses above the 200-day SMA, which forms a golden cross at $0.65.
The bulls aim to capitalize on the indicators, with the movements of the RSI pushing the price to $0.85.
Conversely, in a scenario where the bears take control of the price, SERSH could undergo a retracement back to the support zone around $0.68, which coincides with the 200-day SMA.
Meanwhile, as the SERSH price soars, investors are also buying the eTukTuk presale, an eco-friendly crypto token aiming to revolutionize transportation in some developing countries.
The eTukTuk Presale Hurtles Towards The $3 Million Mark
eTukTuk (TUK) is a novel cryptocurrency that aims to revolutionize the future of transportation by adopting environmentally friendly practices.
1/ Buckle up!
The automotive industry is on the brink of an electric revolution.
From US $278.7 billion in 2022 to an astounding US $72,798 billion by 2050, the Global EV Market is not just growing; it's rewriting the rules of the road 🌐🔋 pic.twitter.com/gwH9G8fk81
— eTukTuk (@eTukTukio) March 5, 2024
The project continues to hit significant milestones as its fund raising moves to within a whisker of $3 million.
Buy and Stake $TUK For 91% Annual Rewards
You can earn passively through the platform’s staking feature, where you can easily stake $TUK tokens for a 91% annual percentage yield (APY).
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
Additionally, the team allows you to earn through a play-to-earn game called Crazy Taxi, which is set to launch soon. You can earn token rewards by ferrying passengers to different locations on the busy streets of Sri Lanka.
Jacob Bury, a popular crypto analyst and YouTuber, believes that eTukTuk could soar 10X after launch.
You can participate in the presale by purchasing $TUK at $0.03 per token before the price increases in less than nine days.
You can buy $TUK tokens today by visiting the official eTukTuk website here. Swap BNB or USDT for $TUK tokens or buy directly using your bank card.
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