{"id":564847,"date":"2024-08-15T10:55:11","date_gmt":"2024-08-15T10:55:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=564847"},"modified":"2024-08-15T10:52:46","modified_gmt":"2024-08-15T10:52:46","slug":"powsche-price-prediction-powsche-tanks-14-as-analysts-say-buy-this-new-crypto-that-might-be-the-next-pepe","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/powsche-price-prediction-powsche-tanks-14-as-analysts-say-buy-this-new-crypto-that-might-be-the-next-pepe","title":{"rendered":"Powsche Price Prediction: POWSCHE Tanks 14% As Analysts Say Buy This New Crypto That Might Be The Next PEPE"},"content":{"rendered":"

The Powsche Price has plunged 14% in the last 24 hours to trade at $0.01657 as of 3:35 a.m. EST on a 38% surge in trading volume to $90,000.<\/p>\n

POWSCHE is a Porsche-focused memecoin underpinned by the Solana blockchain. it is one of the few memecoins to bridged the gap between Car Culture and Crypto.<\/span><\/p>\n

Powsche Price Analysis: Bullish Momentum May Push The Price Above The Channel<\/h2>\n

The POWSCHE price has been on a downturn since hitting the resistance point at $0.2201. the bears have capitalized on this decline in price, driving the price further even after the bulls tried to reclaim the price control. This downturn has led to the formation of a bearish channel, which suggests that the bearish trend may continue.<\/p>\n

Despite the price decline, the bulls are showing resilience as they have begun climbing after staging support at $0.008445, which acts as a springboard for the bulls to catapult the prices higher.<\/p>\n

\"Powsche<\/p>\n

POWSCHESOL Analysis  Source: Dextools.io<\/p>\n

The price indicators for the Powsche price indicate a bullish outlook support. This is seen in the relative strength index, which has rebounded from the 30-oversold zone, surging through the 50 midline level. This indicates intense buying pressure for the Powsche price. if the bullish momentum increases the RSI could jump from the current 59 into the 70 overbought zone.<\/p>\n

Furthermore, the Moving Average Divergence Convergence (MACD)  is trading sideways despite being above the neutral position. the average line is also above the orange signal line, which gives the bulls a chance to push the price upwards. The histogram green bars have also begun increasing, meaning the bullish momentum is building up.<\/p>\n

Despite the current rebound, the 50-day simple moving average (SMA) pauses as resistance for the Powsche price. If the bulls are unable to break above the SMA, the bears could take over and continue the downtrend. However, increased momentum could trigger a bull rally ahead.<\/p>\n

Powsche Price Prediction<\/h2>\n

The Powsche price looks ripe to explode above the bearish channel. The pressure for the bulls is now at the 50 SMA, an immediate resistance. If the bulls break above this average, it will trigger a bull rally above the channel as the bulls aim at the $0.06505 resistance zone.<\/p>\n

However, if the 50 SMA remains resilient in the converse case, it could force the price downwards. in such a scenario it could force the buyers to retreat to the support zone at $0.002201.<\/p>\n

The STARS Presale Zooms Towards $500 – Best Meme Coin Gem?<\/h2>\n

As the POWSCHE price bulls gear up for a bull rally, investors are flocking to this new meme coin, Crypto All-Stars (STARS)<\/a>, which has just blasted towards $500k in funds raised.  Analysts say this could be the next PEPE to explode after its launch.<\/p>\n

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