{"id":575967,"date":"2024-09-12T13:46:44","date_gmt":"2024-09-12T13:46:44","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=575967"},"modified":"2024-09-12T13:46:44","modified_gmt":"2024-09-12T13:46:44","slug":"is-it-too-late-to-buy-sunpump-to-the-sun-price-soars-48-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-sunpump-to-the-sun-price-soars-48-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy SUNPUMP? To The Sun Price Soars 48% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The To The Sun price soared 48% in the last 24 hours to trade at $0.0007639<\/a> as of 3.35 a.m. EST  on a 278% surge in trading volume to $6.9 million.<\/p>\n

To The Sun Price Hits A Double Bottom: Can The Bulls Regain Momentum?<\/h2>\n

The SUNPUMP price in the 1-hour timeframe focuses on key technical indicators such as simple moving averages (MA), MACD, and RSI.<\/p>\n

The current price of SUNPUMP is at $0.0006629, showing a significant drop of 12.65%. The simple moving average (50) is around $0.0008330, and the Moving Average (200) is not visible on the chart, indicating that short-term momentum is weaker than the longer-term trend.<\/p>\n

\"Sun<\/p>\n

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

The chart highlights a downward-sloping channel, with the price moving toward the support zone marked in orange, suggesting a possible reversal point.<\/p>\n

The price has consistently bounced between this channel’s lower and upper boundaries. The current support level is around $0.0006629; if the price fails to hold this support, it could lead to further downside risks.<\/p>\n

The MACD shows a bearish crossover, with the MACD line crossing below the signal line. This indicates bearish momentum, and the histogram confirms the decline in buying pressure.<\/p>\n

The RSI is currently at 32.22, which is in the oversold territory. This signals that the asset is undervalued and could experience a reversal for the Sun price if buying pressure increases.<\/p>\n

The reward-to-risk ratio is visually represented, with a target price of around $0.001400, suggesting a potential upside.  However, the downside risk could lower the price if the support zone fails.<\/p>\n

To The Sun Price Prediction<\/h2>\n

In the short term, if the price holds the support zone around $0.0006629, there is potential for a rebound, targeting the channel’s upper boundary near $0.001212 to $0.001400.<\/p>\n

However, if the price breaks below this support, further declines may be expected, potentially pushing the price towards $0.000500. Monitoring the RSI and MACD for signs of reversal will be crucial.<\/p>\n

GambleFi Token Surges Towards $2 Million – Next Crypto To Explode?<\/h2>\n

Meanwhile, as SUNPUMP continues its bullish surge, the GambleFi token Mega Dice (DICE)<\/a> has surged past $1.8 million in funds raised in its presale.<\/p>\n

The recent investor momentum was fueled by a whale who bought $20k worth of DICE<\/a> tokens on September 11.<\/p>\n

Prominent crypto analyst and YouTuber TodayTrader, with 11.9k subscribers, says DICE could deliver 100X returns after launch.<\/p>\n