{"id":517496,"date":"2024-05-06T11:28:05","date_gmt":"2024-05-06T11:28:05","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=517496"},"modified":"2024-05-06T11:28:05","modified_gmt":"2024-05-06T11:28:05","slug":"eggdog-price-prediction-egg-skyrockets-60-but-traders-flock-this-solana-meme-coin-with-10x-potential-before-it-launches","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/eggdog-price-prediction-egg-skyrockets-60-but-traders-flock-this-solana-meme-coin-with-10x-potential-before-it-launches","title":{"rendered":"Eggdog Price Prediction: EGG Skyrockets 60%, But Traders Flock This Solana Meme Coin With 10X Potential Before It Launches"},"content":{"rendered":"

The Eggdog price skyrocketed 60% in the last 24 hours <\/span>to trade at $0.003577<\/span><\/a> as of 02:18 a.m. EST on trading volume that surged 170% to $1.14 million.<\/span><\/p>\n

This comes as the community behind the token aims at pushing the token through increased buys, the conviction being that the token is poised for a breakout.<\/span><\/p>\n

Eggdog Price Set To Sustain Its Breakout Above the $0.0017 Support<\/span><\/h2>\n

\"EGGUSD<\/p>\n

Following its launch, the Eggdog price surged to an all-time high (ATH) of $0.0189 in December of last year. However, the bulls have since struggled to reclaim this peak, with the price fluctuating downwards before edging upwards towards the resistance level at around $0.016.<\/span><\/p>\n

Subsequently, the price retraced back to $0.001706, forming a rounding bottom pattern while encountering resistance at $0.0103. EGG then experienced another decline, reaching the $0.001706 support level, thus forming a double bottom pattern.<\/span><\/p>\n

Currently, the bulls are primed to propel the EGG price higher, having successfully breached the resistance. Moreover, EGG is trading above the 50-day Simple Moving Average (SMA), further validating the bullish trend towards the upside.<\/span><\/p>\n

Additionally, The Relative Strength Index (RSI) trades upward at 64, which shows that there is a growing buying trend. If the bulls sustain this momentum, the RSI could soar to the 70-overbought region, an indication of intense buying pressure.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) is also bullish, as the blue MACD line crosses above the orange signal line, creating a bullish crossover. A bullish crossover acts as a catalyst for a bullish surge, as it encourages investors to buy more.<\/span><\/p>\n

Moreover, the green bars extend gracefully above the neutral line, suggesting that EGG is on a positive trajectory. The Average Directional Index (ADX) supports this sentiment, as it trades above level 20, currently at 24, which shows EGG is on a strong bullish trend.<\/span><\/p>\n

Eggdog Price Prediction – $0.015 In Sight<\/span><\/h2>\n

The Eggdog price analysis indicates that EGG is gearing up for a breakout above the $0.001706 support zone, with the rounding bottom and double bottom patterns acting as the main encouragements to allow the bulls to push the price to the target around $0.0150.<\/span><\/p>\n

The RSI, ADX, and MACD are all showing positive signs of a bullish trend, offering positive prospects for optimistic investors, who could push the price even further above.<\/span><\/p>\n

However, with the MACD and RSI showing that EGG is currently overbought, there could be a looming price correction. In such a scenario, the bears could push the price further down to the support zone around $0.001401.<\/span><\/p>\n

Meanwhile, investors are redirecting their focus towards Sealana, a crypto project currently in its presale phase that is emerging as one of the most talked-about new meme coins on Solana. Experts are suggesting that it holds the potential to skyrocket 10x following its launch.<\/span><\/p>\n

Sealana: A Promising 10X Potential<\/span><\/h2>\n

Sealana (SEAL)<\/span><\/a> is a new contender in the Solana meme coin market, a token that distinguishes itself through a lighthearted narrative centered on a seal trader.<\/span><\/p>\n

The token’s branding is based on a charming, chubby seal character who has dived deep into the ‘Solana Sea.” The character, once sleek and agile, has now adopted a sedentary trader’s lifestyle, clustered with the remnant of his trading exploits.<\/span><\/p>\n

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New Meme Crypto ‘Sealana’ Attracts Whales As Solana Price Recovers.
#SolanaMemecoin<\/a> pic.twitter.com\/zqP73U7Mk3<\/a><\/p>\n

— TechStory (@TechStoryin) May 5, 2024<\/a><\/p><\/blockquote>\n