{"id":474265,"date":"2024-01-23T11:58:46","date_gmt":"2024-01-23T11:58:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=474265"},"modified":"2024-01-23T12:12:47","modified_gmt":"2024-01-23T12:12:47","slug":"satoshivm-price-prediction-savm-plunges-15-but-the-second-coming-of-this-meme-coin-might-100x-again","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/satoshivm-price-prediction-savm-plunges-15-but-the-second-coming-of-this-meme-coin-might-100x-again","title":{"rendered":"SatoshiVM Price Prediction: SAVM Plunges 15%, But The Second Coming Of This Meme Coin Might 100X Again"},"content":{"rendered":"

The SatoshiVM price has plunged 15% in the last 24 hours <\/span>to trade at $9.64<\/span><\/a> as of 1:56 a.m. EST on trading volume that dropped 10% to $27 million.<\/span><\/p>\n

SatoshiVM Price Bears Push The Price Down, Forms A Falling Wedge<\/span><\/h2>\n
\"SatoshiVM
SAVMUSD Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n

The SatoshiVM price signals a bullish trend reversal as the price has formed a falling wedge pattern, which traders use to signal a bullish trend continuation.<\/span><\/p>\n

The bulls faced resistance at $14.2, hindering further profits and enabling bears to exert pressure on the price, forming a falling wedge pattern. <\/span><\/p>\n

Despite the pullback, the bulls have demonstrated resilience, hinting at a rebound with support at $8.97 to push the price above the wedge.<\/span><\/p>\n

SatoshiVM Price Bullish Momentum Targets $15.2 <\/span><\/h2>\n

The 50 simple moving average (SMA) poses a challenge for the SAVM price. If the current bull momentum sustains, it could push the price above the 50 SMA.<\/span><\/p>\n

The Relative Strength Index (RSI) indicates a rebound at 40, surpassing the 50 midline level. If the momentum continues, the RSI could reach the overbought level of 70. <\/span><\/p>\n

The price of SatoshiVM indicates a bullish trend reversal, with the bulls anticipating a breakthrough above the upper boundary of the falling wedge and aiming for the $15.2 mark.<\/span><\/p>\n

As traders await better entry positions for the SVAM price, investors are eagerly buying SpongeV2. It’s a new presale that offers an excellent opportunity to earn up to 100X returns, as Sponge V1 did last year.<\/span><\/p>\n

Sponge V2 Launch And Staking Campaign Gains Momentum<\/span><\/h2>\n

The upcoming launch of <\/span>Sponge V2 <\/span><\/a>has attracted major interest thanks to its groundbreaking ‘Stake-to-Bridge’ mechanism. <\/span><\/p>\n

The project has achieved a milestone with a staking campaign exceeding $5.3 million in anticipation of its official launch.<\/span><\/p>\n

The objective for Sponge V2 is to emulate the remarkable achievement of Sponge V1, which experienced a surge of over 2,900% after its initial launch.<\/span><\/p>\n

\n

📘 Visit our website and stake your $SPONGE<\/a> to be part of V2's TAKEOVER. <\/p>\n

Simple steps to significant rewards! <\/p>\n

GO GO GO! 🧽💦💦#CryptoStaking<\/a> #SpongeV2<\/a> #Web3<\/a> pic.twitter.com\/3TF0HZIT9k<\/a><\/p>\n

— $SPONGE (@spongeoneth) January 18, 2024<\/a><\/p><\/blockquote>\n