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The Bounce Token price has surged 28% in the last 24 hours to trade at $35 as of 12 a.m. EST on a 309% pump in trading volume to $633 million.
Bounce is a decentralized auction platform hosting different types of auctions for both digital and real-world items.
Bounce Token Price Could Face A Short-Term Pullback
AUCTION/USDT has extended its rally, trading at $35.78, continuing its recent bullish breakout. The token opened the day at $35.37, climbed to a high of $37.24, and dipped to $33.72, reflecting a modest 0.18% gain.
AUCTION’s surge follows a breakout from a descending channel that had kept prices in a downtrend from December 2024 to early February 2025. The breakout in mid-February triggered a sharp upward movement, pushing the price past key resistance levels.
A Break of Structure (BOS) at $16.00 signaled the start of an uptrend, followed by another BOS at $20.00, confirming strong bullish momentum. Key support levels include a Fair Value Gap (FVG) at $16.00, which was previously held as support, and another between $32 and $36, which could prevent a pullback.
AUCTION/USDT Source: Tradingview
Meanwhile, an Order Block (OB) in the $10 – $12 range was crucial as a demand zone before the latest price surge.
The Relative Strength Index (RSI) is currently at 84.62, indicating that the asset is overbought. A previous RSI peak near 69.77 also suggests that buying pressure has been extremely strong, but it may be nearing exhaustion.
This raises the possibility of a short-term pullback before the next leg higher.
If the price sustains above the $32 – $34 FVG, there is potential for a move toward the $40 level and possibly higher to $50. If the momentum continues.
However, if rejection occurs around the $37 – $40 resistance zone, a retracement toward the $28 – $30 range is likely. A deeper pullback could retest the $20 – $22 support zone.
Best Wallet Presale Smashes Past $11M – Next Big Crypto?
As Bounce Token surges, investors are also rushing to buy Best Wallet (BEST), which has raised over $11.1 million in presale.
With $BEST tokens, users enjoy lower fees and better prices, thanks to Best Wallet’s integration with 200+ decentralized protocols and 20 cross-chain bridges.
Trading is seamless within the app, with no need for a separate decentralized exchange (DEX). Users can also convert 100+ fiat currencies into crypto in just a few taps.
Best Wallet offers a built-in DEX, a presale aggregator, and an upcoming crypto debit card with up to 8% cashback.
The best plays are the ones you catch early. 👀
With Best Wallet, you can track upcoming projects, monitor token balances, and claim your tokens directly within the app.
Opportunities don’t wait. Make sure you’re ready. 🔥
Download Now 📲 https://t.co/he5kzra7TY pic.twitter.com/pW9aQMDW9C
— Best Wallet (@BestWalletHQ) February 15, 2025
For those looking to go beyond trading or holding crypto, Best Wallet’s iGaming integrations offer added perks like free spins, loot boxes, top-tier deposit bonuses, free plays, and reduced fees, blending crypto with entertainment.
One of its most exciting features is the “Upcoming Tokens” section, which helps users find early presale gems. For example Best Wallet flagged Pepe Unchained (PEPU) to token holders long before it surged 6X in value after launch.
🚀 Best Wallet is Upgrading to Multi-Chain Wallets! 🚀
We’re excited to announce a major upgrade to our wallet, bringing enhanced security, exciting new features, and future support for over 50 major blockchains!
Bitcoin is now live in Best Wallet! Manage $BTC alongside… pic.twitter.com/79UxFVZIv3
— Best Wallet (@BestWalletHQ) February 25, 2025
Best Wallet is now recommending projects including BTC Bull Token ($BTCBULL), the first meme coin that rewards holders with free Bitcoin ($BTC), and Solaxy ($SOLX), Solana’s first Layer-2 chain.
The platform’s native token, BEST, powers an ecosystem that simplifies on-chain activities while enhancing security, making it a strong contender in the competitive crypto wallet market.
Since launching last year, Best Wallet has grown rapidly, surpassing 500,000 users, with a 50% monthly growth rate.
Investors can also stake BEST tokens and earn an impressive 141% annual yield, making it an attractive option for those seeking passive income.
Crypto YouTuber ClayBro, with 136K subscribers, predicts a potential 10X surge post-launch.
The token is currently priced at $0.024375 and can be bought with crypto or bank cards.
With a price hike due in a little more than 1 day, buy soon to lock in the best deal.
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