XPLA Price Prediction: XPLA Rises 54% In A Day While This New Altcoin Makes An Unexpected Entry

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

The XPLA price has turned bullish after a multi-week consolidation above the $0.1338 support level.

The token’s market value is almost 55% higher, with CoinMarketCap data showing a 10% surge on the day. This is backed by a 145% increase in 24-hour trading volume for XPLA. It is exchanging hands for $0.1985 at 9.30 am EST.

XPLA Price Outlook As It Breaks Out From a Bearish Pattern

XPLA price breaking out 54% has seen the altcoin escape the confines of a descending parallel channel. With an intra-day high of $0.2664, the price tested the critical resistance at $0.2624. This was before pulling back to the current price of $0.1984.

The $0.2624 level is critical as it was flipped from key support to a stiff resistance. Therefore, a decisive move above it could usher the XPLA price to a new dawn, with solid prospects for a sustainable climb. Further north, the price could tag $0.3716 or extend to the $0.8198 range high in a highly bullish case. This level was last tested around mid-March.

The Relative Strength Index (RSI), which shows buyer momentum, is above 50 and edging north. This shows the bulls are still strong and increasing their buying power. Also, the Awesome Oscillator (AO) shows a sustained sequence of green candlestick bars, interpreted as dominance by the bulls in the XPLA market. Both these indicators add credence to the bullish thesis.

On the other hand, if early profit booking begins, the prospects of a continuation of the trend could be eradicated. The ensuing selling pressure could plunge the XPLA price back into the grasp of the descending parallel channel, possibly spiraling to the range low of $0.1338 or lower.

Unless your risk tolerance is high, you may consider MK, a stake to earn crypto presale predicted to deliver 10X in return on investment. This project’s daily accomplishment has some analysts evaluating whether it could replace Pepe or Wall Street Memes as the latest meme coin mania.

XPLA Alternative

MK is the ticker for the Meme Kombat ecosystem, a new project in the meme coin arena contending against Dogecoin (DOGE), Shiba Inu (SHIB), and other meme currencies.

The world of #memecoins can be a rough place, but #MemeKombat is coming in hot 👊 pic.twitter.com/EotbPRQMyh

— Meme Kombat (@Meme_Kombat) October 4, 2023

The project allows participants to battle their favorite meme tokens, each reserving the option to choose their desired meme character. Join the 3000+ members in the Meme Kombat ecosystem for a fun-filled experience.

We have reached 3000 fighters in the Meme Kombat Telegram Community🎉

Let's keep the community strong. Answer with the one thing that excites you most about #MemeKombat⏬ pic.twitter.com/HU3S002kni

— Meme Kombat (@Meme_Kombat) October 25, 2023

Owing to the project’s strong tokenomics, articulated in the Meme Kombat website, MK has featured among Jacob Crypto Bury’s list of top five cryptos to buy.

Can't believe we made it into @BuryCrypto's top 5 crypto to buy right now, and number 4 no less🔥

Believe in Kombat frens💪

Watch the full video here:https://t.co/vl3g6HpNGa pic.twitter.com/DfkWrMuhQn

— Meme Kombat (@Meme_Kombat) October 26, 2023

Once an MK holder, you can earn immediately by staking your tokens for an annual percent yield (APY) or return as high as 112%. This comes with multiple additional rewards.

Prepare for staking with this latest video from @BuryCrypto 🔥

You heard it from Jacob: Meme Kombat could be the next big thing in the memecoin space🚀

Full video in the comments👇 pic.twitter.com/VxmzmEQwxD

— Meme Kombat (@Meme_Kombat) October 25, 2023

The project’s presale is ongoing, recording almost $778,000 in collections, with the $1 million target now on the horizon. Buy MK now at $just $0.1667 per token using Ethereum (ETH), Tether (USDT) stablecoin of your bank card.

Visit Meme Kombat to buy MK tokens here.