Is It Too Late To Buy BTCBULL? BTC Bull Token Price Skyrockets 46% And This Might Be The Next Crypto To Explode

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BTC Bull Token
BTC Bull Token

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The BTC Bull Token price soared 46% in the last 24 hours to trade at $0.002064 as of 4:40 a.m. EST on trading volume that skyrocketed to $940.04k.

BTC Bull Token is a new cryptocurrency that just went live two days ago, on July 7. The token immediately appeared on CoinGecko, Uniswap, DEX Screener, and CoinMarketCap, with more platforms expected to follow in the coming days.

 

BTC Bull Token Price Prediction

After emerging on exchanges on July 7, BTCBULL initially saw a sharp price dip, which is nothing unusual for a newly-launched token. Many early investors who bought in the first days of the presale tend to sell as soon as the token goes live and profit from the price increase it has seen as it progressed through the different stages of the presale.

But, its price quickly started to recover after the drop, and it even reached $0.0024 yesterday, before seeing a minor correction. Now, its value has recovered again, currently at $0.002064.

BTC Bull Token Price Prediction

BTCBULL/USD chart analysis (Source: GeckoTerminal)

The token has seen a significant widening of its Bollinger Bands during the surge over the last 24 hours, although the bands have since narrowed, which could be taken as a bearish signal. The project’s RSI saw a sharp surge to 90 yesterday, after which traders took profit.

As a result, its price corrected, and the RSI dipped to 50. Since then, it has spent the last 12 hours fluctuating between roughly 45 and 60, with traders seemingly unwilling to take a chance and try to push the metric up to the overbought zone again. While $0.0020 seems to be the new major resistance for the token, it still has some room left to grow if traders decide to start buying again.

Promising Alternative To BTC Bull Token

While the crypto market just saw one BTC-based token go live, another, called Bitcoin Hyper (HYPER), is close behind.

Bitcoin Hyper is a new Bitcoin meme coin, but also the first Bitcoin layer-2 project, which aims to bring scalability and high speed to the Bitcoin network. It utilizes L2 technology to achieve this, and its goal is to unlock a wide range of new products within Bitcoin’s ecosystem, which rely on high-speed chains, including dApps, meme coins, and fast payments.

HYPER Tweet

While the project is currently still in presale, and its launch date is still not known, the project has noted that its arrival will forever change things for Bitcoin and the entire crypto industry later this year.

So far, its ICO seems to have gained considerable popularity, raising over $2.16 million. Even experts such as the ones behind the crypto YouTube Channel 99Bitcoins, which has over 723k subscribers, expect great things from the project. In one recent video, they predicted that Bitcoin Hyper could be the next 10x Bitcoin alternative.

The expectations are high, and the price could go even higher, which is why many have opted to buy the token during presale, while its price is still at $0.0122. If you wish to join others who bought early, visit the Bitcoin Hyper website and purchase before the next presale price hike in around 29 hours.

Visit the HYPER website.

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