{"id":446738,"date":"2023-10-10T16:18:16","date_gmt":"2023-10-10T16:18:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=446738"},"modified":"2023-10-10T16:18:16","modified_gmt":"2023-10-10T16:18:16","slug":"flex-price-prediction-will-flex-surge-50-amid-rising-adoption-with-experts-eyeing-an-intriguing-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/flex-price-prediction-will-flex-surge-50-amid-rising-adoption-with-experts-eyeing-an-intriguing-presale","title":{"rendered":"Flex Price Prediction: Will Flex Surge 50% Amid Rising Adoption, With Experts Eyeing an Intriguing Presale?"},"content":{"rendered":"

Investors are keenly awaiting a price breakout for FLEX as it shows signs of a revival following a dip below the lower boundary of its rising wedge, signaling potential buying opportunities.<\/span><\/p>\n

As of 9:48 a.m. EST, the token currently trades<\/span> at $0.481756<\/span><\/a>, reflecting a 3% drop in the past 24 hours, prompting more buyers to enter the market.<\/span><\/p>\n

FLEX Price Signals a 50% Jump, Trades a Falling Wedge<\/span><\/h2>\n
\"FLEX\/USDT.
FLEXUSDT. Chart Analysis. Source: GeckoTerminal.com<\/figcaption><\/figure>\n

The chart shows a rising channel pattern from the price support level at $0.63. This pattern exhibits a higher and lower high, indicating a gradual upward movement within the wedge.<\/span><\/p>\n

However, the push beyond the lower trendline, backed by the $3.06 price level, supports the potential breakout.<\/span><\/p>\n

According to the analysis above, FLEX has experienced a surge. Furthermore, the breach of the $3.56 resistance level suggests a potential shift in market sentiment.<\/span><\/p>\n

The bulls have encountered resistance at $8.5, allowing the bears to take control of the price, driving it to its initial price of $0.35.<\/span><\/p>\n

The moving average indicators further bolster the bearish sentiment, as the price remains below the 50-day and 200-day simple moving averages. Currently trading at $1.31, the 50-day EMA provides added support.<\/span><\/p>\n

The relative strength index (14) is 28, positioning itself just below the oversold region (30). This suggests that there is room for the price to rebound. <\/span><\/p>\n

However, experts are watching Meme Kombat (MK), which has been surging remarkably in its presale phase, offering an exciting opportunity for high returns through its play-to-earn feature.<\/span><\/p>\n

Meme Kombat (MK) Crosses $400K<\/span><\/h2>\n

Meme Kombat (MK)<\/span><\/a>, one of the most highly anticipated new gaming platforms in the Web3 space, recently launched on September 25th and swiftly garnered the interest of the meme coin community.<\/span><\/p>\n

The Meme Kombat presale has already secured over $400K in funds in just a few days since its launch to reach $431,847. Users can acquire Meme Kombat’s innovative native token, $MK, at a discounted price of only $1.667, giving the protocol a modest $20 million market capitalization.<\/span><\/p>\n

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What else you going to do when market is bad. Let off some steam in the arena 😈#MemeKombat<\/a> pic.twitter.com\/3zUIe7opya<\/a><\/p>\n

— Meme Kombat (@Meme_Kombat) October 10, 2023<\/a><\/p><\/blockquote>\n