Join Our Telegram channel to stay up to date on breaking news coverage
X has pumped by 31% in the last 24 hours to trade at $0.144 at the time of writing.
The native token for X.com, which was rebranded to CruxDecussata, has outperformed most of the crypto market with double-digit gains.
X has gained by 74% over the past week following the recent gains.
X was one of the top performers across the cryptocurrency market in August, having created an all-time high of $0.168 on August 15.
If the gains continue, a new ATH will likely be on the horizon.
X Price Gains 31%
X has rallied from $0.103 in the last 24 hours, with bulls ready to take the price past the $0.15 level.
X is creating higher highs, with the current price movement mimicking what was seen in mid-August as it rallied to record highs.
If X holds support at $0.14, the next resistance level is $0.152. The buying support is currently high, and X is likely to break these levels soon.
According to DexTools.io, X has posted trading volumes of around $376,000 in the last 24 hours.
X was trending towards the end of last month, and it appears that a similar trend will be posted this month.
Trending #8 on Dextools and huge break out!#X #CRUX #DECUSSATA pic.twitter.com/V4v41cxt6U
— Crux Decussata (@xcomerc20) August 30, 2023
X Posts Bullish Trend
X has posted several bullish indicators.
The Moving Average Convergence Divergence (MACD) is positive, indicating bullish momentum. The momentum is strong, given the distance of the MACD line from the signal line.
The parabolic SAR also tracks X price from above, proving the case for bulls.
The Relative Strength Index (RSI) at 67 shows massive buying support. The RSI is tipping north, indicating buyers are yet to be exhausted.
X Pumps As Musk Outlines New Features On X.Com
The X token is not affiliated with the X (formerly Twitter) social media platform. However, the token usually gains whenever there are positive developments around the X social platform owned by Elon Musk.
Musk recently announced that the social media platform would soon roll out audio and video calls. This is the latest update in a series of changes that Musk has introduced since purchasing the company.
Video & audio calls coming to X:
– Works on iOS, Android, Mac & PC
– No phone number needed
– X is the effective global address bookThat set of factors is unique.
— Elon Musk (@elonmusk) August 31, 2023
If audio and video calls come to Twitter, it would give the company a competitive edge against its top rival, Meta.
As aforementioned, X rebranded into CruxDecussata and is not affiliated with Twitter. As such, traders need to do their research on the project.
Sonik Presale Smashes Past $1.2 Million
The SONIK presale has raised over $1.29 million, with around one day left before the event closes.
SONIK is trading at $0.000014 during the presale, with investors rushing to scoop the tokens before SONIK is listed on exchanges.
SONIK has set itself apart from other memecoins by providing utility. The stake-to-earn feature is already gaining interest, with over 41 billion SONIK tokens staked.
Related Articles:
- Top Trending Crypto Coins on DEXTools
- X Price Prediction: Gains Momentum With 90% Upswing Ahead Of Key Alternative
- X Coin’s Future Price: Poised for 70% Rise, Analysts Say
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage