{"id":425057,"date":"2023-07-31T14:02:33","date_gmt":"2023-07-31T14:02:33","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=425057"},"modified":"2023-07-31T14:02:33","modified_gmt":"2023-07-31T14:02:33","slug":"espresso-price-prediction-esp-token-could-skyrocket-while-chimpzee-fights-market-volatility","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/espresso-price-prediction-esp-token-could-skyrocket-while-chimpzee-fights-market-volatility","title":{"rendered":"Espresso Price Prediction: ESPR Token Could Skyrocket, While Chimpzee Fights Market Volatility\u00a0"},"content":{"rendered":"

Espresso (ESPR) is gaining on the charts today after a modest price outlook when it launched on July 28. <\/span><\/p>\n

As of 7:35 EST, the coin price is <\/span>$0.00529<\/span><\/a>, a 68% increase in the last 24 hours, during which it also achieved an all-time high value of $0.005513.<\/span><\/p>\n

ESPR found critical support at the $0.005457 price level. It has bounced off this level and will likely record more positive price action ahead. <\/span><\/p>\n

ESPR\/USD Chart<\/h2>\n
\"ESP\"
Source: Dextools.io<\/a><\/figcaption><\/figure>\n

The ESPR asset shows a significant uptrend, as reflected on its chart. Its position above the 50-day and 200-day Simple Moving Averages indicates a bullish intent for long-term gains.<\/p>\n

A minor fallback to the $0.005457 support may be a bear trap, suggesting a potential rally led by bullish activity. Despite a current slight pullback, ESPR remains near the buy zone and is expected to re-enter overbought territory soon.<\/p>\n

Its Relative Strength Index (RSI) stands at 59.20, reaching an all-time high today after entering the overbought region.<\/p>\n

The bullish trend is reinforced by the rising Moving Average Convergence\/Divergence (MACD) line above its signal line, indicating an increase in long positions.<\/p>\n

A sharp decline seems improbable soon due to heightened investor interest. Yet, if prices fall below the 50-day SMA, a short-term correction is anticipated.<\/p>\n

The dominating bullish sentiment suggests a strong buy signal and more positive action in the near future.<\/p>\n

Chimpzee The Green Alternative To Beat Market Volatility<\/h2>\n

The eco-friendly cryptocurrency, Chimpzee<\/a>, is rapidly gaining traction among investors, having raised over $1.04 million of its $1.47 million presale target. Its social media presence is also growing, boasting more than 2400 followers on Twitter<\/a>.<\/p>\n

The community’s enthusiasm soared following the announcement of a 10 million token airdrop in celebration of surpassing the $1 million milestone, scheduled after the presales conclusion.<\/p>\n

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Part of our tokens are dedicated to charity, preserving nature and combating climate change!🌿🌍<\/p>\n

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125% Bonus ends tomorrow – Get $CHMPZ<\/a> now!🚀https:\/\/t.co\/Geog3EVuMC<\/a> pic.twitter.com\/gp67fXLRxu<\/a><\/p>\n

— Official Chimpzee Project (@RealChimpzee) July 31, 2023<\/a><\/p><\/blockquote>\n