{"id":529792,"date":"2024-06-01T08:31:00","date_gmt":"2024-06-01T08:31:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=529792"},"modified":"2024-06-01T08:31:00","modified_gmt":"2024-06-01T08:31:00","slug":"andy-price-prediction-andy-soars-30-but-new-p2e-ico-paydoge-has-170x-potential","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/andy-price-prediction-andy-soars-30-but-new-p2e-ico-paydoge-has-170x-potential","title":{"rendered":"Andy Price Prediction: ANDY Soars 30%, But New P2E ICO PlayDoge Has 170X Potential"},"content":{"rendered":"

The Andy price surged 30% in the last 24 hours to trade at $0.0002275 as of 10:14 p.m. EST on trading volume that skyrocketed 195% to $27 million.<\/span><\/p>\n

Andy Price To Sustain Its Rally Towards A New ATH<\/span><\/h2>\n
\"Andy
ANDYUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

After its launch in March, the Andy price went through a consolidation phase of around $0.0000105, according to data from <\/span>GeckoTerminal<\/span><\/a>. However, in April, the bulls won the struggle for dominance, gradually propelling ANDY to new highs every week, which allowed ANDY to hit an all-time high (ATH) of $0.0002484.<\/span><\/p>\n

The Andy price fluctuations led to the formation of a triple bottom pattern, which encouraged the bulls to stage a reversal from mid-May. As a result, ANDY has been able to soar 326% in the last 14 days.<\/span><\/p>\n

ANDY’s bullish prospects are strong, with the token trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), as the two SMAs act as the immediate support levels at $0.000142 and $0.0000830.<\/span><\/p>\n

Furthermore, the Relative Strength Index (RSI) trades within the overbought region at 74, an indication of continued investor optimism as the RSI shows that the asset is under intense buying pressure.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) supports the bullish sentiments as the MACD line (blue) crosses above the signal line (orange), representing a bullish crossover. A bullish crossover encourages investors to buy more, which could propel the price to a new ATH.<\/span><\/p>\n

The green bars on the histogram also extend above the zero line, which shows that ANDY is currently on a positive momentum.<\/span><\/p>\n

Andy Price Prediction<\/span><\/h2>\n

The Andy price analysis on the 4-hour chart indicates that ANDY is currently on a strong bullish trend, as the bulls capitalized on the price hitting a triple bottom pattern.<\/span><\/p>\n

Major indicators, including the RSI and MACD, cement the bullish prospects of the price. The 50-day SMA also crosses above the 200-day SMA, forming a golden cross at $0.0000712, which encourages the bulls to push the price, targeting a new ATH around $0.0003.<\/span><\/p>\n

However, with the RSI and MACD indicating that the asset is highly overbought, there may be an incoming price correction which may drive ANDY through a retrace, with the bulls retreating to the support level around $0.0000830.<\/span><\/p>\n

Meanwhile, as the ANDY bulls aim to push the price to a new ATH, some investors are also buying a new DOGE derivative ICO called PlayDoge. Based on the price explosion of BabyDoge, some analysts say PlayDoge has the potential to 170X after launch.<\/span><\/p>\n

According to 99Bitcoins, a crypto channel with over 700,000 subscribers, $PLAY “could be absolutely huge.”<\/span><\/p>\n