{"id":471479,"date":"2024-01-11T14:44:29","date_gmt":"2024-01-11T14:44:29","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=471479"},"modified":"2024-01-11T14:44:29","modified_gmt":"2024-01-11T14:44:29","slug":"snek-price-prediction-snek-soars-19-but-time-is-running-out-to-buy-this-latest-ai-project-with-10x-potential","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/snek-price-prediction-snek-soars-19-but-time-is-running-out-to-buy-this-latest-ai-project-with-10x-potential","title":{"rendered":"Snek Price Prediction: SNEK Soars 19%, But Time Is Running Out To Buy This Latest AI Project With 10X Potential"},"content":{"rendered":"

The Snek price has soared 19% in the last 24 hours to trade at <\/span>$0.001394<\/span><\/a> as of 5:12 a.m. EST, as trading volume surged 50% to $2.5 million.<\/span><\/p>\n

The Snek Price Has Formed A Bullish Pennant<\/span><\/h2>\n
\"Snek
SNEKUSD Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n

The SNEK price has formed a bullish pennant after a sharp surge emanating from the $0.00164 support level and reaching the $0.00286 resistance. <\/span><\/p>\n

However, SNEK encountered resistance at $0.00286, allowing bears to take control, forming and driving down the price in a corrective phase.<\/span><\/p>\n

Despite the dip, the price received support from the 50-day Simple Moving Average (SMA), remaining above the 200-day SMA and enabling the bulls to rebound. Furthermore, the golden cross at $0.00338 affirms the bullish momentum.<\/span><\/p>\n

The Relative Strength Index (RSI) shows a downtrend from 95 in the overbought zone to 35 below the 50 midline level, indicating significant selling pressure for the SNEK price.<\/span><\/p>\n

The Snek Price: Bulls Prepare For A Bull Rally<\/span><\/h2>\n

The presence of a bullish pennant pattern signals a bullish trend reversal as bulls prepare for an ascent above $0.00285 resistance. Sustained bullish momentum may propel prices to the $0.0045 threshold in Q1 of 2024. <\/span><\/p>\n

However, if the downward trend sustains, it could slip below the 50-day SMA, giving the bears the right to drive the price to the $0.000761 support level.<\/span><\/p>\n

As SNEK prepares to move to higher levels, investors seeking alternative coins for lucrative returns may consider the latest AI web3 platform, Launchpad XYZ, which is launching soon and offering 10X potential returns on investment.<\/span><\/p>\n

Launchpad XYZ Raises $2.48 Million, Launches In 2 Weeks, Last Chance To Buy <\/span><\/h2>\n

You now have about 13 days to acquire <\/span>Launchpad XYZ<\/span><\/a>. Investors are scrambling to bag LPX tokens at a discounted price of $0.0445 each.<\/span><\/p>\n

\n

🚀 Only 13 days left until our #Presale<\/a> ends!<\/p>\n

Don't miss out on this opportunity to be part of the future of crypto trading.<\/p>\n

Visit our website to get started! 💫#LaunchpadXYZ<\/a> #AltsSeason<\/a> #Web3<\/a> #Crypto<\/a> pic.twitter.com\/4TtgEyMa89<\/a><\/p>\n

— Launchpad.xyz (@launchpadlpx) January 11, 2024<\/a><\/p><\/blockquote>\n