Is It Too Late To Buy DEEP? DeepBook Price Soars 35% And This Might Be The Next Crypto To Explode

The DeepBook price surged 35% in the last 24 hours to trade at $0.2317 as of 6.15 a.m. EST on trading volume that soared 403% to $401.86 million.

The DEEP price has also soared 145% in the past seven days.

DeepBook Price Prediction

The DEEP price has seen a sharp increase in the last day, with its price continuously pushing forward. While the bullish trend dominated overall, the token still saw minor fluctuations as certain resistances briefly rejected it before it managed to overcome them.

Its Bollinger bands continued to grow wider as the price kept pushing the upper band further up. From time to time, it saw a minor dip, but it rarely dropped below the middle part between the two bands, and it did not push the lower band down, further confirming the bullish signal.

At the time of writing, the bands are at their widest point in the last 48 hours, suggesting that traders are still pumping the project up.

DEEP’s Relative Strength Index (RSI) value has spent the last 24 hours fluctuating between the overbought zone and the neutral value of 50. As treaders started buying on early Sunday, they pushed the RSI from around 34.52 to 79. After that, some traders took profit, which pushed the RSI down to 50.

Others took the opportunity to buy again, pumping the RSI to 80, only for another sell-off to take it to 50 again. The pattern continued into early Monday, with RSI hitting 80 for the third time around four hours ago, and is currently at 67.64 as the third round of sell-offs takes place. If the pattern continues, the price could end up growing further in the hours to come.

Promising Alternative To DeepBook

While DeepBook soars, investors are also piling into Best Wallet (BEST), which has raised more than $11.8 million in presale.

Best Wallet is a top new crypto wallet that has grown quite popular due to a variety of features. It supports over 60 different blockchains, including thousands of cryptocurrencies that run on them. It also allows users to connect their other wallets to it, and manage all of their funds from one place.

Learn how to prepare to migrate your Best Wallet to enable multi-chain wallets! ⭐

If you haven’t made the switch yet, watch this quick video to set up your new multi-chain wallet the right way.

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The wallet even has its own launchpad, which flagged early to token holders projects like Wall Street Pepe and Pepe Unchained, both of which surged on launch.

Influential YouTuber ClayBro, with over 136k subscribers, says that utility tokens are soaring and that Best Wallet tops the list.

BEST tokens sell for $0.0249 apiece and gives holders perks including lower trading fees, higher staking rewards, access to community governance, and the ability to invest in new tokens early.

Interested investors should buy before a price hike in a little more than 1 day.

Learn more about BEST token.

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