While Joe Coin Is the Morning's Top Choice, This Presale Could Be Your Most Rewarding Investment Yet

While Joe Coin Is the Morning’s Top Choice, This Presale Could Be Your Most Rewarding Investment Yet

Updated: 16 October 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

Joe Coin’s (JOE) price surged more than 286% over the past 24 hours. As a result, the altcoin was changing hands at $0.002390 at press time, according to data from the decentralized exchange tracking tool DEX Tools.

This substantial price increase occurred when there were significantly more buys than sells for JOE. DEX Tools data indicated that there were 2,336 buy orders created throughout the past day of trading. Meanwhile, there were only 1,774 sell trades performed during the same time.

From a shorter-term perspective, this positive trend seemed to have carried on in the early hours of today’s trading session. Over the past 6 hours, the cryptocurrency recorded 355 buys and 270 sells. However, this trend seemed to have cooled off over the last hour as the number of buy and sell trades during this period was almost equal.

The Biggest Holders

Meanwhile, the top 3 JOE holders possessed over 2% of the cryptocurrency’s supply at press time. The biggest JOE holder was the address 0x704a. According to data from DEX Tools, this particular address held 38.37 million JOE tokens, which accounts for 4% of the altcoin’s supply. Meanwhile, 0xb193 held 23.72 million JOE, around 2.37% of the current supply. Last but not least, the third biggest holder, 0xcabc, held 20.11 million JOE tokens, which was 2.01% of the cryptocurrency’s supply.

Technical Overview

Daily chart for JOE/USDT (Source: TradingView)

JOE has been in a consolidation phase between $0.2040 and $0.2885 over the past 3 weeks. However, technical indicators on the altcoin’s daily chart suggested that JOE’s price may finally escape this sideways channel in the coming days.

The first technical indicator that investors and traders will want to keep an eye on is the daily Relative Strength Index (RSI) indicator. At press time, the RSI line was closing in on the RSI Simple Moving Average (SMA) line. This could signify buyers slowly gaining strength against sellers on JOE’s charts. These two lines crossing will result in a significant bullish technical flag being triggered as well.

Similarly, the daily Moving Average Convergence Divergence (MACD) line reduced the gap between itself and the MACD Signal line. This could indicate that JOE’s price will soon undergo a positive trend reversal.

Should these two technical flags be confirmed and validated, JOE may have the support needed to overcome the upper level of the current sideways channel at $0.2885 in the short term. A daily candle close above this significant price point could form the foundation required for JOE to continue rising in the subsequent week. In this bullish scenario, the altcoin’s value may rise to as high as $0.3775 in the following 2 weeks. However, the medium-term negative trend line formed on JOE’s chart will be standing in the way.

On the other hand, if the $0.2885 barrier rejects JOE, or drops in the upcoming couple of days, then it may retest the immediate support level at $0.2040. Should it lose the support of this key price point, it will open up the risk of JOE continuing to drop to the $0.1685 mark. As JOE attempts to break free from its negative trend, TGC is the native cryptocurrency of TG.Casino could be the best investment opportunity currently available in the cryptocurrency market.

TG.Casino: The World’s Top Telegram Casino

TG.Casino is a fully licensed, anonymous cryptocurrency casino allowing players to participate in the rapidly growing cryptocurrency casino industry. Through the innovative platform, users can enjoy various games, including slots, table games, live casinos, and much more. In addition, players will also be able to place bets for more than 30 different sports.

Gaining Traction

$1m hit in our presale, news coming soon. pic.twitter.com/Za0DWwRl81

— TG Casino (@TGCasino_) October 14, 2023

The project has garnered a lot of attention recently. This is evident by the fact that TG.Casino has already raised 43.64% of its ICO funding target of $2.5 million. At press time, the project’s website showed it had raised $1,091,143, with a token price of $0.125. Cryptocurrency enthusiasts looking to buy into the project may want to do so soon, as the subsequent price increase will occur after five days.

Presale Update: Moving forward the presale price will increase incrementally based on a timer. The first price increase will happen soon, so there is no better time than now to get $TGC at the lowest possible price! ⏰

See community TG for details, info in bio.👆 pic.twitter.com/wZjxMnH2bG

— TG Casino (@TGCasino_) October 14, 2023

The Integration of TGC

TG.Casino also recently announced the integration of its native TGC token within the platform. With this token, players can earn up to 25% cashback on net losses, with weekly refunds.

People are going crazy depositing & playing with $TGC and why wouldn't they! https://t.co/8v0381wASU

— TG Casino (@TGCasino_) October 12, 2023

As the cryptocurrency casino sector continues to grow, TG.Casino and its native TGC token are perfectly positioned to become one of the leading players in the space. With 25% cash back, TGC reduces losses for anyone looking to earn extra money through online gambling.

Join Our Telegram channel to stay up to date on breaking news coverage