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The Gorbagana price soared 53% in the last 24 hours, trading at $0.02740 as of 3:20 a.m. EST, with trading volume that skyrocketed 52% to $24.2 million.
The surge in the GOR price has pushed the crypto to the top of the trending list on DexTools.
Gorbagana Price Breakout Signals Bullish Continuation
After peaking at the $0.0613 level, the GOR price went through a retracement, trading within a well-defined falling wedge pattern, which formed from June 21.
However, after reaching the apex of the wedge and the support around $0.01628, the Gorbagana price soared above the wedge’s upper boundary, signaling the start of a bullish uptrend.
The price of Gorbagana is now trading slightly below the 0.5 Fibonacci level ($0.03047), a critical level, which, if crossed, could result in GOR soaring higher.
As a result of the uptrend, the price of GOR has now crossed above the 50 Simple Moving Average (SMA) on the 4-hour chart, cementing the bullish outlook.
The Relative Strength Index (RSI) is also moving towards the 70 overbought region, currently at 67, an indication that there is still some space for upward movement if the bulls sustain the pressure.
However, investors should exercise caution if the RSI crosses above 75, as this could be an indication that buyers are becoming exhausted and may start selling.
Meanwhile, the Moving Average Convergence Divergence (MACD) is showing signs of a bullish crossover, with the blue MACD line crossing above the orange signal line.
The green bars on the histogram signal that the price of Gorbagana is under positive momentum.
GOR Continued Surge Hints At A 38% Surge
According to the GOR/USD chart analysis on the 4-hour timeframe, the Gorbagana price is poised for a sustained rally above the 0.5 Fibonacci retracement level.
If this rally materializes, the next key resistance will be the 0.382 Fib level at $0.04677, a 38% surge from the current level.
On the flipside, if the bears take charge and act on the red candle that has already formed, the next key support level could be at the breakout zone of the wedge at $0.01810.
Meanwhile, opportunistic investors are redirecting their funds to a new ICO crypto called Snorter Token (SNORT). According to Jacob Crypto Bury, a popular crypto YouTuber with over 56.9K subscribers, SNORT could potentially soar 100X.
Snorter Token Blasts Towards $1.5 Million In Fast-Growing Crypto Presale – Next 100X Gem?
Snorter Bot is a new crypto trading bot designed to snipe, swap, copy trade, and more, all right from Telegram.
It’s incredibly adept at navigating token launches to stay ahead of MEV bots and whales, and it has an 85% success rate at identifying rug pulls.
The Snorter token presale has raised over $1.48 million so far, as investors continue to pile in.
Snorter Bot also beats the competition in terms of fees. By simply holding the SNORT token, traders reduce their execution fees from 1.5% to 0.85%, undercutting other Telegram bots.
Went outside. Touched grass. Immediately hated it. Back to the chaos. pic.twitter.com/XgGz1f7cCE
— Snorter (@SnorterToken) May 19, 2025
Early investors can also stake their tokens for a massive 236% APY, although this rate decreases as more buyers join in.
The token is currently in the presale stage and is priced at $0.0969. Investors can buy SNORT tokens with SOL, ETH, USDT, or a bank card through the widget on the project’s website.
Interested investors should act before the next presale price hike in about 25 hours.
Check out the Snorter Token website.
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