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The To The Sun price plunged 33% in the last 24 hours to trade at $0.0006811 as of 00:50 a.m. EST on trading volume that tumbled 63% to $2.6 million.
To The Sun Price Aims For A Trend Continuation
The To The Sun price bulls capitalized on the rounding top pattern, pushing the price from the $0.0011 resistance back to the $0.00060 support, according to data from GeckoTerminal.
The support zone helped the bulls to take control of the price, pushing the price of To The Sun, pushing it through a rising channel pattern.
SUNPUMP still trades below the 50-day Simple Moving Average (SMA), which now acts as the immediate resistance zone.
The Relative Strength Index (RSI) seems to be rebounding from below the neutral zone, and climbing towards the 50-midlie level, currently at 48, which shows that the asset is under some intense buying pressure from the bulls.
Moreover, the Moving Average Convergence Divergence (MACD) also shows that the asset is moving towards a bullish rally, as it climbs towards the neutral line. The bullish stance is also supported by the blue MACD line crossing above the orange signal line, which supports the bullish prospects.
According to the SUNPUMP/USD chart analysis on the 1-hour timeframe. The To The Sun price is on a bullish stance. The bulls aim to propel the price of To The Sun up, as they currently target $0.0010.
However, if the bears take control of the price at this level, SUNPUMP could plunge back to the $0.00050 support zone.
As the SUNPUMP price bulls sustain the bullish trend reversal, investors are also buying a new Shiba Inu alternative called Shiba Shootout (SHIBASHOOT), which has zoomed past more than $1.1 million raised in its presale.
Shiba Shootout Presale Blasts Past $1.1 Million, Best Crypto To Buy Now?
Shiba Shootout draws its inspiration from the legendary meme coin titan Shiba Inu and takes its token holders on a journey into the crypto Wild West.
The project features a play-to-earn (P2E) game built around the town of Shiba Gulch, a bustling digital settlement that is a favorite with Shiba lovers who come together to challenge each other.
Hurry! 🚀 Next price hike is just around the corner!
Join our community NOW and claim your free tokens before it's too late! 🎉
Join us at: https://t.co/Fxf9PWP0gz pic.twitter.com/t8H6MqqhSE
— shibashootout (@shibashootout) July 31, 2024
It also features a play-to-earn (P2E) game that is already approved by Google Play and the Apple App Store, which will allow players to earn its $SHIBASHOOT token.
Apart from P2E crypto gaming in Shiba Gulch, $SHIBASHOOT holders can also easily earn passively through the platform’s staking mechanism, which offers 852% in annual rewards.
According to the crypto channel 99Bitcoins, with more than 706k subscribers, investors who buy $SHIBASHOOT can earn “insane rewards.“
If you are interested in participating in the presale, you can buy the token for $0.0202. But hurry as the price will increase in about 3 days.
You can buy SHIBASHOOT tokens on the official website here using ETH, BNB, USDT, or a bank card.
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