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Snek Price Prediction: ”Chillest Meme Coin” SNEK Surges 31%, But This Cool New Crypto Casino Is Raking In Investor Cash

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SNEK price
SNEK price

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Snek price is up 31% in the last 24 hours to trade for $0.0007806 as of 4:05 a.m. EST time with a 40% surge in trading volume.

Traders anticipate more gains, even as SNEK token price boasts remarkable gains over the last few weeks.

Amid the hype, investors say SNEK, the self-proclaimed ”chillest meme coin,” is making strides towards Cardano (ADA).

One trader observes that SNEK could record a “God candle” soon while another adds that meme tokens like SNEK can do way more for adoption than utility tokens. For ease of understanding, a God candle is a massive green candle that can propel an asset’s price towards a new all-time high.

SNEK Price Prognosis

All this comes amid rising volatility, evidenced by the Bollinger Bands moving widely apart. Nevertheless, the fact that the candlesticks representing Snek price have broken out above the top band indicates that the SNEK price action could continue moving higher, potentially flipping the $0.0008415 resistance level to a support floor.

In a highly bullish case, the gains could extend for Snek price to test the $0.0010000 psychological level. Such a move would constitute a 25% climb above current levels.

For the extremely ambitious case, Snek price could extend, clearing the $0.0012000 and the $0.0014000 psychological levels before tagging the $0.001550 range high. Such a move would constitute a 90% climb above current levels.

The bullish thesis is supported by the Relative Strength Index (RSI), which remains northbound even as SNEK is massively overbought. The northbound inclination of this indicator shows that momentum is still rising as more bulls continue to flock to the scene.

Similarly, the Awesome Oscillator (AO) shows green histograms with pronounced volumes in the positive territory, showing the bulls are at the helm of the SNEK market.

TradingView: SNEK/USDT 1-day chart

Converse Case

On the other hand, if the $0.000841 resistance level holds, fortified by waning buyer momentum and increasing selling pressure, Snek price could pull south. The ensuing selling pressure could see the price descend to the supply zone turned bullish breakers stretching from $0.000472 to $0.000558

A decisive candlestick closing below the midline of this order block at $0.000517 would invalidate the bullish thesis.

Such a move could send Snek price to the centerline of the supply zone at $0.000375, or in the dire case, prolong the downtrend to $0.000175. This would denote a 77% fall below current levels.

Meanwhile, TGC token presents itself as a worthy alternative. It is a Plinko gambling product by crypto startup Jim AI Studios and features among the top five crypto presales to buy in December as experts anticipate 10X growth.

Promising Alternative To SNEK

TGC, the powering token for the TG.Casino ecosystem, is a Telegram Casino project providing holders with an entrance into an exclusive place for online, anonymous crypto gambling. It is fully licensed and 100% safe, according to the website.

The project gives community members access to all of the top online casino games and sports books. Further, it is focused on nurturing an ecosystem where loyalty abounds.

Evidence of his dedication is seen in the gesture to share a portion of the casino revenue as part of corporate social responsibility. This is delivered through buybacks for the $TGC token.

It is also worth mentioning that there is a “refer and earn” program already underway, where you earn just for sharing your unique referral link for a 10% commission on all invited players.

TG.Casino project is in the presale stage, boasting upwards of $3.606 million out of a target of $5 million.

This constitutes around 72% of the entire token supply, with each TGC token currently selling for just $0.18.

Once a token holder, do not sit on them. Take advantage of the project’s staking utility for Annual Percentage Yields (APY) as high as 169.17%.

TGC Stake

Visit TG.Casino website here to stake your TGC tokens.

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