{"id":536028,"date":"2024-06-14T14:20:49","date_gmt":"2024-06-14T14:20:49","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=536028"},"modified":"2024-06-14T14:20:49","modified_gmt":"2024-06-14T14:20:49","slug":"is-it-too-late-to-buy-beer-beercoin-price-surges-15-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-beer-beercoin-price-surges-15-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy BEER? Beercoin Price Surges 15% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Beercoin price surged 15% in the last 24 hours <\/span>to trade at $0.0002845<\/span><\/a> as of 03:28 a.m. EST on trading volume that plunged 27% to $243 million.<\/span><\/p>\n

The pump comes after the BEER price plunged 40% in the last 7 days, a drop its team attributed to presale investors taking profits and panic selling. The token is still down 49% from its all-time high (ATH) of $0.0005704.<\/span><\/p>\n

Beercoin Price Prediction: Beercoin Price Set For A Bullish Rally Towards Its Resistance Zone<\/span><\/h2>\n
\"Beercoin
BEERUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

The Beercoin price plunged from its resistance zone at $0.0004941, falling within the falling wedge pattern. However, the bulls are capitalizing on the support level around $0.0002699 to push the token toward the upper boundary of the falling wedge, as data from <\/span>GeckoTerminal<\/span><\/a> shows.<\/span><\/p>\n

BEER’s fall from its resistance zone has resulted in the token dropping below both the 50-day and 200-day Simple Moving Averages (SMAs).<\/span><\/p>\n

Furthermore, the Relative Strength Index (RSI) is declining towards the oversold level, currently at 43. This confirms that bears are currently in control.<\/p>\n

If the bears sustain the current bearish momentum, the token could retrace back to the support level around $0.0002433, coinciding with the lower boundary of the falling wedge.<\/span><\/p>\n

The 50-day SMA also crosses above the 200-day SMA, which forms a death cross around $0.0004435. A death cross could sustain the bearish trend, as it prompts investors to sell.<\/span><\/p>\n

However, the Moving Average Convergence Divergence (MACD) shows some bullish prospects on the 1-hour chart, with the blue MACD line crossing above the orange signal line, a representation of a bullish crossover.<\/span><\/p>\n

A bullish crossover offers some bullish sentiments to optimistic investors, which may prompt a buyback campaign, possibly staging a bullish trend reversal.<\/span><\/p>\n

In this scenario, bulls could drive the token upwards to surpass key resistance levels at $0.0003427 and $0.0004280, aligning with the 50-day and 200-day SMAs. Ultimately, they aim to reclaim the crucial $0.0004941 resistance level.<\/p>\n

As the BEER price bulls gear up for a bullish trend reversal, the Mega Dice presale’s trend is just flat out bullish as its hurtles towards $1.5 million raised.<\/span><\/p>\n

Mega Dice Presale Amasses Over $1.48 Million – A Promising Alternative<\/span><\/h2>\n

Mega Dice (DICE)<\/span><\/a> is a crypto casino and gaming platform that has over 11,000 active users who lock in more than $50 million in bets every month. The platform is the first GambleFi project on the Solana blockchain and its goal is to challenge sector titan Rollbit Coin. <\/span><\/p>\n

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$DICE<\/a> presale has raised $1.4 Million 🚀<\/p>\n

Current tier price: 0.075 💰
Current presale target: $2M 💰<\/p>\n

We're implementing multiple tiered price increases, so make sure to secure your #DICE<\/a> early! Don't forget, you can now utilize your $DICE<\/a> directly in our Web and Telegram… pic.twitter.com\/VAsI6u27aD<\/a><\/p>\n

— Mega Dice Casino (@megadice) June 7, 2024<\/a><\/p><\/blockquote>\n