{"id":448945,"date":"2023-10-18T18:24:53","date_gmt":"2023-10-18T18:24:53","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=448945"},"modified":"2023-10-18T18:24:53","modified_gmt":"2023-10-18T18:24:53","slug":"metadium-makes-moves-in-the-id-space-climbing-steadily-however-meme-kombat-might-just-redefine-the-meme-coin-game","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/metadium-makes-moves-in-the-id-space-climbing-steadily-however-meme-kombat-might-just-redefine-the-meme-coin-game","title":{"rendered":"Metadium Makes Moves in the ID Space, Climbing Steadily. However, Meme Kombat Might Just Redefine the Meme Coin Game"},"content":{"rendered":"

Metadium is a platform for verifying identities, authenticating users, and handling cryptocurrency transactions. It provides solutions for compliance with Anti-Money Laundering (AML) and managing risks.<\/p>\n

As of 9:05 a.m. EST, the token’s price is trading at $0.048<\/a>,<\/u> reflecting a 22% surge over the past 24 hours. Over the previous week, there was a notable 109% increase. The daily trading volume has also reached $260 million, marking a substantial 76% gain.<\/p>\n

\"Metadium
METAUSD Price Chart by Tradingview.com<\/figcaption><\/figure>\n

META has been on a consistently positive trajectory, finding robust support around the $0.032 level, which coincides with the 200-day simple moving average. Yet, as the price hit $0.041, it faced some resistance, causing a brief dip to the $0.036 support area.<\/p>\n

However, this support acted as a catalyst, prompting buyers to make a concerted effort that resulted in the price surging beyond that point.<\/p>\n

However, buyers encountered resistance at $0.054, hinting at a possible shift toward a bearish trend with a potential retracement. Nevertheless, the price has returned to $0.044, affirming Metadium’s bullish sentiment.<\/p>\n

Is Metadium (META) Likely to Maintain its Bullish Outlook?<\/h2>\n

META will probably persist, enabling the bulls to break through the $0.054 obstacle and drive higher prices. This optimism is further reinforced by the 50-day and 200-day moving average indicators, which currently sit below $0.029 and $0.039.<\/p>\n

The relative strength index (RSI) is on an upward trajectory at 64. It shows a rebound from the 37 levels and suggests consistent buying pressure that could push it into the overbought region at 70.<\/p>\n

Metadium’s price is expected to maintain its bullish trend, supported by the moving averages and RSI. The bulls might overcome temporary resistance at $0.054, reaching new highs in the coming weeks.<\/p>\n

On the flip side, if bears take advantage of a pullback, they could push the price down to the support zone at $0.043, with a candlestick closing below this level, potentially forcing the bulls to seek support at $0.040.<\/p>\n

Meanwhile, Meme Kombat (MK) has gained substantial attention because of its unique presale approach, featuring S2E and P2E features, which make it an appealing alternative to Metadium.<\/p>\n

Meme Kombat (MK) Nears its Presale Goal<\/h2>\n

Investors have shown significant interest and enthusiasm for the project, propelling it toward further development and a broader reach.<\/p>\n

Meme Kombat<\/u><\/a> is about to explode as it nears its presale goal. Half of its tokens have already sold just a few weeks after launch.<\/p>\n

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The next few months are going to be big for crypto. But they're also going to be huge for #MemeKombat<\/a> ⚔️ pic.twitter.com\/tYh2ycc4Fd<\/a><\/p>\n

— Meme Kombat (@Meme_Kombat) October 17, 2023<\/a><\/p><\/blockquote>\n