{"id":557372,"date":"2024-07-26T10:24:52","date_gmt":"2024-07-26T10:24:52","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=557372"},"modified":"2024-07-26T10:24:52","modified_gmt":"2024-07-26T10:24:52","slug":"solympics-price-soars-20-but-experts-turn-to-this-other-paris-olympics-meme-coin-thats-exploded-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/solympics-price-soars-20-but-experts-turn-to-this-other-paris-olympics-meme-coin-thats-exploded-in-presale","title":{"rendered":"Solympics Price Soars 20%, But Experts Turn To This Other Paris Olympics Meme Coin That’s Exploded In Presale"},"content":{"rendered":"

The Solympics price surged 20% in the last 24 hours <\/span>to trade at $0.003303<\/span><\/a> as of 03:25 a.m. EST on trading volume that skyrocketed 130% to $3.19 million.<\/span><\/p>\n

This comes ahead of the Paris 2024 Olympics opening ceremony today, with SOLYMPICS aiming to capitalize on the hype surrounding the event.<\/span><\/p>\n

Solympics Price To Rally Over The Rounding Bottom<\/b><\/h2>\n
\"SOLYMPICSUSD
SOLYMPICS price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

The Solympics price hit yesterday’s target, according to <\/span>our analysis<\/span><\/a>. However, the price then went down to the $0.0022 support level, before rebounding to the $0.0032 resistance level, forming a rounding bottom pattern, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

SOLYMPICS price still trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish rally to the upside.<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) is trading up as it closes in on the 70-overbought region, currently at 69, a signal that the asset is under intense buying pressure.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) trades up above the neutral line, an indication of a bullish stance. Furthermore, with the blue MACD line crossing above the orange signal line, represents a bullish crossover.<\/span><\/p>\n

A bullish crossover, with the green bars on the histogram extending above the zero line, could encourage the bulls to buy more, which could likely push the token up.<\/span><\/p>\n

Solympics Price Prediction<\/b><\/h2>\n

According to the Solympics price analysis on the 15-minute chart, the price is on a strong bullish momentum as the bulls capitalize on the rounding bottom pattern to push the token up.<\/span><\/p>\n

As the RSI and MACD offer bullish prospects to optimistic investors, the price of Solympics could soar, as the bulls target $0.004243.<\/span><\/p>\n

However, with the asset being overvalued, the bears may start booking profits. In this scenario, the price of Solympics may retrace back to the $0.002726 support level in the short-term.<\/span><\/p>\n

As the Solympics price soars, investors are also rushing to buy another Olympics-themed token called <\/span>The Meme Games (MGMES)<\/span><\/a> as it rockets past $264K raised in a little more than a week since its presale launched.<\/span><\/p>\n

According to Austin Hilton, a popular crypto analyst on YouTube with over 272K subscribers, the $MGMES token will be “huge.”<\/span><\/p>\n