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Stemx (STEMX) displays bullish momentum as buyer interest surges, suggesting a possible bull run that might lead to a 70% surge in the coming weeks. Buyers have rallied around the lower support level even after an initial downturn, driving a 13% rise in STEMX’s daily trading volume to $1.27 million. As of 6:10 a.m. EST, STEMX is trading at $0.00252123, reflecting a 2% appreciation in its value in the last 24 hours.
The Stemx (Stemx) chart indicates a significant price drop, which forced the price into a 3-month consolidation phase characterized by support and resistance levels.
Despite a pullback initiated by the bears at the triangle’s upper boundary, the bulls continue demonstrating resilience to drive the price higher to achieve a 70% surge.
However, the price support at $0.001871 has encouraged a bullish move, empowering the bulls who have pushed the price upwards along the bullish trendline on the chart.
Furthermore, the price creates an ascending triangle, which signifies a bullish continuation, giving the buyers the upper hand.
This bullish sentiment is further reinforced by the 200-day simple moving average, which provides immediate support for the price.
Additionally, the moving average crossover supports the momentum of the bullish trend. However, the 50 SMA represents a hurdle the bull must overcome to confirm the bullish rally.
The relative strength index (RSI) has also rebounded from the neutral mark of 50, indicating potential buying pressure that could propel the RSI into the overbought region above 70. If this materializes, it would confirm a bullish rally beyond the established triangle.
STEMX Price is Bullish
Stemx (Stemx) price exhibits a bias favoring bullish trends, receiving support from the 200-day SMA and the relative strength index. If the bullish trend persists, the bulls may set their sights on the $0.0038 resistance level.
Conversely, the bears may capitalize on the challenge posed by the 50 SMA, potentially pushing the price down to the $0.022 support level. A breach below this level could encourage the bears to drive the price towards the $0.001871 support.
Meanwhile, you can buy and stake Meme Kombat tokens during its ongoing presale phase.
Meme Kombat (MK) Better Alternative For STEMX
Excitement continues to grow around the high upside potential of $MK in the ongoing presale project.
Your thoughts on the $MK tokenomics updates?
We're just gearing up for kombat ⚔️ pic.twitter.com/tDJ8NgcEVV
— Meme Kombat (@Meme_Kombat) October 11, 2023
The Meme Kombat project has performed exceptionally well, raising an impressive $470,881 as it advances towards its $10 million goal. Users can buy $MK tokens at a discounted rate of $1.667.
Meme Kombat empowers time-staked and actively engaged participants to earn $MK tokens and valuable prizes, while the daily compounding of staking rewards amplifies potential returns.
You feel that?
That's the sweet sound of $MK soaring to the moon 🚀
Big week ahead of us memers🔥 pic.twitter.com/zUiqf002MY
— Meme Kombat (@Meme_Kombat) October 11, 2023
To achieve this goal, the Meme Kombat team has set aside 50% of the token’s total supply to fuel this ambition. 30% of these tokens have been allocated to reward $MK stakers and battle participants, while 10% have been designated for Decentralized Exchange (DEX) liquidity. An additional 10% is for community rewards.
MK Season 1 Launch and Roadmap
The MK team plans to unveil Season 1 of Kombat this month following the platform launch. The season will include battles, leaderboards, and more to set the stage for continuous gameplay, attract players, and foster community engagement.
This season will also feature exclusive meme characters for battles, catering to various meme communities and preferences.
What else you going to do when market is bad. Let off some steam in the arena 😈#MemeKombat pic.twitter.com/3zUIe7opya
— Meme Kombat (@Meme_Kombat) October 10, 2023
Meme Kombat will initiate Season 2 in December 2023, featuring new battles, rewards, and opportunities that will further solidify Meme Kombat’s presence in the blockchain gaming space.
Furthermore, Meme Kombat looks forward to introducing new gameplay modes and forming additional partnerships as it grows.
Jacob Crypto Bury, a prominent YouTuber specializing in crypto insights, predicts that $MK has the potential to achieve a 100X increase quickly while explaining how Meme Kombat works and how to buy into it. Bury boasts a 22K subscriber base.
Buying $MK tokens is very easy. Visit the MK website to connect your digital wallet and exchange your ETH or USDT for $MK on the Ethereum network. Alternatively, you can use BNB or USDT in the BSC network.
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