airdrop<\/a> on DappRadar, which offers users free tokens to quickly enter the thriving crypto community.<\/p>\nBeam Price Prognosis<\/h2>\n
As the BEAM token finally got under the spotlight, its price started a sudden and rapid surge, increasing the token by 27% in the past few days.<\/p>\n
Several technical indicators suggest that the token’s price still has some room to grow. One example comes from Bollinger bands, which are the widest this week, providing a strong bullish signal.<\/p>\n
However, at the same time, the token’s RSI score is at 58.55 at the time of writing, nearing the neutral zone. However, the problem is that it is currently seeing a drop, as it recently delved deep into the overbought zone, suggesting that opportunity seekers may be profiting.<\/p>\n
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While this means that BEAM’s price is about to drop, that might still present an opportunity for those seeking to take advantage of market changes; since BEAM is still in its bullish stage at this time, traders would likely rush in to buy the dip, thus forcing the price back up.<\/p>\n
However, for BEAM to go further up, it must first breach the resistance at $0.022, which has proven to be one of its most significant barriers.<\/p>\n
If successful, the token will be free to pursue its former ATH at $0.024 and perhaps reach a new one in days to come.<\/p>\n
However, BEAM’s price will likely dip back to a support at $0.020 should the selling pressure increase. After that, if the level breaks, the next support sits at $0.018, which has been BEAM’s most vital support since it achieved its ATH in mid-December.<\/p>\n
Investors looking to diversify their holdings may want to consider Meme Kombat, a GameFi presale that analysts say has 10X potential.<\/p>\n
Promising Alternative to Beam<\/h2>\n
Meme Kombat (MK)<\/a> is one of the hottest presales on the market right now, as investors see massive potential in the upcoming project. So far, the project already managed to raise over $6.99 million, closing in on the $7 million milestone.<\/p>\n