{"id":448186,"date":"2023-10-16T13:05:36","date_gmt":"2023-10-16T13:05:36","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=448186"},"modified":"2023-10-16T13:05:36","modified_gmt":"2023-10-16T13:05:36","slug":"while-joe-coin-is-the-mornings-top-choice-this-presale-could-be-your-most-rewarding-investment-yet","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/while-joe-coin-is-the-mornings-top-choice-this-presale-could-be-your-most-rewarding-investment-yet","title":{"rendered":"While Joe Coin Is the Morning’s Top Choice, This Presale Could Be Your Most Rewarding Investment Yet"},"content":{"rendered":"

Joe Coin’s (JOE) price surged more than 286% over the past 24 hours. As a result, the altcoin was changing hands at $0.002390 at press time, according to data from the decentralized exchange tracking tool <\/span>DEX Tools<\/span><\/a>.<\/span><\/p>\n

This substantial price increase occurred when there were significantly more buys than sells for JOE<\/a>. DEX Tools data indicated that there were 2,336 buy orders created throughout the past day of trading. Meanwhile, there were only 1,774 sell trades performed during the same time.<\/span><\/p>\n

From a shorter-term perspective, this positive trend seemed to have carried on in the early hours of today\u2019s trading session. Over the past 6 hours, the cryptocurrency recorded 355 buys and 270 sells. However, this trend seemed to have cooled off over the last hour as the number of buy and sell trades during this period was almost equal.<\/span><\/p>\n

The Biggest Holders<\/span><\/h2>\n

Meanwhile, the top 3 JOE holders possessed over 2% of the cryptocurrency\u2019s supply at press time. The biggest JOE holder was the address <\/span>0x704a<\/span><\/a>. According to data from DEX Tools, this particular address held 38.37 million JOE tokens, which accounts for 4% of the altcoin\u2019s supply. Meanwhile, <\/span>0xb193<\/span><\/a> held 23.72 million JOE, around 2.37% of the current supply. Last but not least, the third biggest holder, <\/span>0xcabc<\/span><\/a>, held 20.11 million JOE tokens, which was 2.01% of the cryptocurrency\u2019s supply.\u00a0<\/span><\/p>\n

Technical Overview<\/span><\/h2>\n

\"TradingView<\/p>\n

Daily chart for JOE\/USDT (Source: <\/span>TradingView<\/span><\/a>)<\/span><\/p>\n

JOE has been in a consolidation phase between $0.2040 and $0.2885 over the past 3 weeks. However, technical indicators on the altcoin\u2019s daily chart suggested that JOE\u2019s price may finally escape this sideways channel in the coming days.<\/span><\/p>\n

The first technical indicator that investors and traders will want to keep an eye on is the daily Relative Strength Index (RSI) indicator. At press time, the RSI line was closing in on the RSI Simple Moving Average (SMA) line. This could signify buyers slowly gaining strength against sellers on JOE\u2019s charts. These two lines crossing will result in a significant bullish technical flag being triggered as well.<\/span><\/p>\n

Similarly, the daily Moving Average Convergence Divergence (MACD) line reduced the gap between itself and the MACD Signal line. This could indicate that JOE\u2019s price will soon undergo a positive trend reversal.<\/span><\/p>\n

Should these two technical flags be confirmed and validated, JOE<\/a> may have the support needed to overcome the upper level of the current sideways channel at $0.2885 in the short term. A daily candle close above this significant price point could form the foundation required for JOE to continue rising in the subsequent week. In this bullish scenario, the altcoin\u2019s value may rise to as high as $0.3775 in the following 2 weeks. However, the medium-term negative trend line formed on JOE\u2019s chart will be standing in the way.<\/span><\/p>\n

On the other hand, if the $0.2885 barrier rejects JOE, or drops in the upcoming couple of days, then it may retest the immediate support level at $0.2040. Should it lose the support of this key price point, it will open up the risk of JOE continuing to drop to the $0.1685 mark. As JOE attempts to break free from its negative trend, TGC is the native cryptocurrency<\/a> of <\/span>TG.Casino<\/span><\/a> could be the best investment opportunity currently available in the cryptocurrency market.<\/span><\/p>\n

TG.Casino: The World\u2019s Top Telegram Casino<\/span><\/h2>\n

TG.Casino<\/span><\/a> is a fully licensed, anonymous cryptocurrency casino allowing players to participate in the rapidly growing cryptocurrency casino industry. Through the innovative platform, users can enjoy various games, including slots, table games, live casinos, and much more. In addition, players will also be able to place bets for more than 30 different sports.<\/span><\/p>\n

Gaining Traction<\/span><\/h2>\n
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$1m hit in our presale, news coming soon. pic.twitter.com\/Za0DWwRl81<\/a><\/p>\n

— TG Casino (@TGCasino_) October 14, 2023<\/a><\/p><\/blockquote>\n