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The Mubarakah price surged 121% in the past 24 hours to trade at $0.003012 as of 12:33 a.m. EST with a trading volume that jumped 260% to $3.5 million.
The increase in the MUBARAKAH price has put the crypto at the number 1 spot on CoinMarketCap’s list of trending coins.
Recent Rally Poised To Push Mubarakah Price Even Higher
The MUBARAKAH price is currently showing strong bullish momentum on the daily chart.
After a prolonged period of consolidation throughout April and May, the Mubarakah price has broken out with a notable surge, currently trading around $0.003012, a significant +121% gain for the day.
This breakout follows a classic accumulation phase, visible by the tight range and low volume base building just above the $0.0007 region.
The price has now moved above the 0.786 retracement level at $0.002493, aiming towards the 0.618 level at $0.004394, which aligns with the next resistance target, as GeckoTerminal data indicates.
Meanwhile, the Relative Strength Index (RSI) is currently trading at 79.69, which places MUBARAKAH firmly in the overbought territory. This indicates that the asset is experiencing strong upward momentum.
The Moving Average Convergence Divergence (MACD) is displaying a bullish crossover as well. This is after the MACD line (blue) crossed above the signal line (orange), and both are trending upwards with increasing histogram bars, further confirming the shift in momentum towards buyers.
Moreover, the price of Mubarakah has broken above the 50-day Moving Average (MA) at $0.001043, a key technical level that has acted as dynamic resistance in the past.
MUBARAKAH Price Prediction – Continued Rally Hints At An 89% Surge
The MUBARAKAH/USD chart analysis indicates that the next logical target is located at the 0.618 Fibonacci retracement level, at $0.004394. This move would represent an approximate 89.61% increase from the current price of Mubarakah.
However, with the RSI hovering in overbought territory, traders should anticipate a possible short-term pullback to the 50-day SMA at $0.001043.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called BTC Bull Token (BTCBULL), which will give token holders free BTC.
Jacob Bury, a prominent YouTuber with over 56.7k subscribers, says BTCBULL has the potential to soar 10X after launch.
BTC Bull Token ICO Races Towards $7 Million – 26 Days Left To Buy
In one of the strongest presale showings of the year, new meme coin BTC Bull Token just rocketed past $6.79 million in its ongoing ICO.
BTC Bull Token introduces a unique approach: it rewards holders with Bitcoin airdrops each time the BTC price reaches a significant milestone for the first time as the leading crypto marches toward the $1 million target.
Investors who hold BTCBULL in Best Wallet will receive free BTC via airdrops when the Bitcoin price hits $150k and $200k for the first time.
There will also be a massive BTCBULL airdrop for the strongest hodlers when BTC hits $250,000, weighted by ”Community Sale purchase amount.”
🚨 $BTCBULL is Live in Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new price levels.
With built-in incentives for buying, holding, and trading, $BTCBULL gives holders a new way to stack BTC.… pic.twitter.com/BMzBHcLltU
— Best Wallet (@BestWalletHQ) February 10, 2025
In addition to BTC airdrops, the team will also carry out token burns at certain price milestones, permanently removing a portion of the total supply.
Those token burns will happen at every $25,000 milestone BTC achieves, starting at $125,000. The aim is to follow Bitcoin’s footsteps and increase scarcity and value.
BTCBULL token holders can also earn passively by staking their tokens for a 60% annual percentage yield (APY).
Investors interested in participating in the presale can visit the official BTC Bull Token website to buy BTCBULL for $0.002545 each using BNB, ETH, USDT, or a bank card.
Buy BTCBULL before the presale ends in about 26 days.
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