Join Our Telegram channel to stay up to date on breaking news coverage
The 369 Code price has surged 120% in the last 24 hours to trade at $0.0001702 as of 7:00 a.m. EST on an 89,500% increase in trading volume to $2.09 million.
The jump in 369 price has positioned the token among the top trending cryptocurrencies on CoinMarketCap.
The 369 Code Price Gears For A Breakout Above $0.0000190 Resistance
This surge in the 369 price follows a consolidation phase within a support zone around $0.0000150 – $0.0000160, which held firmly as buyers stepped in. The rapid price rebound from this level indicates huge buying interest, possibly indicating accumulation by traders anticipating a breakout.
The price is testing the immediate resistance zone at $0.0000185 – $0.0000190, which has been a barrier to upward momentum in recent sessions. If this level is broken, the next target is the major resistance zone in the $0.0000350 – $0.0000400 range, presenting a significant upside potential.
The price now attempts to break above the 50 Simple Moving Average (SMA) on the 1-hour chart. If sustained, it could confirm a shift in momentum in favor of the bulls. A strong candle close above this level would indicate increased buyer confidence and could fuel further gains.
369/USD Analysis Source: Dextools.io
Meanwhile, the Moving Average Convergence Divergence (MACD) indicator shows a bullish signal, as the MACD line (blue) has crossed above the signal line (orange), and the histogram bars are expanding upwards. This indicates a strengthening upward trend, with bullish momentum increasing as more buyers enter the market.
Additionally, the Relative Strength Index (RSI) is at 64.71, indicating strong bullish momentum but also nearing the overbought territory (above 70), increasing the chances of a short-term pullback before a sustained breakout. However, if buying pressure remains strong, the RSI could stay elevated for a prolonged period, as seen in strong bullish trends.
The support zone at $0.0000150 – $0.0000160 remains a critical area where buyers have previously stepped in. A failure to sustain above $0.0000185 – $0.0000190 could lead to a rejection and a potential retest of this support area. Conversely, a clean breakout above the resistance could push the price toward $0.0000250.
MEMEX Presale Races Toward $4 Million – Next Crypto To Explode?
As the 369 price prepares for another bullish rally, the Meme Index (MEMEX) presale has surged past $3.8 million in early funding
MEMEX is a crypto investment platform that simplifies diversified meme coin investing. It offers four distinct investment baskets: Titan, Moonshot, MidCap, and Frenzy, each catering to different risk appetites.
The Titan index is the safest option, featuring established meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). Conversely, the Frenzy index carries the highest risk, focusing on newly launched and emerging meme coins with high-profit potential but increased volatility.
Crypto YouTuber ClayBro, who has over 136k subscribers, predicts that MEMEX could soar 26X after launch.
The MEMEX token is the heart of the platform, empowering holders to vote on upgrades, index adjustments, and future developments. Meanwhile, secure transactions and automatic index updates are managed through smart contracts.
Additionally, investors can stake MEMEX and earn an impressive 586% annual return.
Currently, MEMEX is priced at $0.0166218 and is available for purchase with either ETH, USDT, BNB, or a bank card. The price will increase in less than 19 hours, so act now to lock in the best deal.
Related Articles:
- 5 Best Cheap Cryptos to Buy Now Under 1 Dollar
- Bitcoin Price Plunges 5% To $80K, Investors Shift Focus To This Meme Coin ICO
- SHELL Soars To A New ATH, But Experts Say Consider This AI PEPE For 20X Gains
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
