{"id":587574,"date":"2024-10-15T12:01:20","date_gmt":"2024-10-15T12:01:20","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=587574"},"modified":"2024-10-15T12:01:20","modified_gmt":"2024-10-15T12:01:20","slug":"is-it-too-late-to-buy-klaus-klaus-price-soars-148-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-klaus-klaus-price-soars-148-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy KLAUS? Klaus Price Soars 148% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"
The Klaus price <\/span>surged<\/span><\/a> over 148% in the last 24 hours to trade at $0.02361 as of 7:00 a.m. EST as investors FOMO buy the meme coin.<\/span><\/p>\n With the strong 24-hour performance, the KLAUS price has now skyrocketed more than 290% in the past week.<\/span><\/p>\n <\/p>\n 4-hour chart for KLAUS\/USD (Source: <\/span>GeckoTerminal<\/span><\/a>)<\/span><\/p>\n The Klaus price has formed a steep ascending price channel on its 4-hour chart after printing several higher highs and higher lows over the last 48 hours. Now, the <\/span>crypto<\/span><\/a> is attempting to flip the resistance level at $0.02331. Closing a 4-hour candle higher than this threshold within the next 12 hours could give the altcoin the foundation needed to climb to $0.02765.<\/span><\/p>\n On the other hand, a rejection from the $0.02331 mark could bring an end to the crypto’s positive trend. In this alternative scenario, sellers might start exerting pressure on the Klaus price. If KLAUS is unable to withstand this potential pressure, it could end up testing the immediate support at $0.01845. Continued sell pressure could force KLAUS down to $0.01411.<\/span><\/p>\n Looking at technical indicators on the crypto’s 4-hour chart, it seems bulls still have control of the altcoin’s price. In the last 24 hours, the 9 Exponential Moving Average (EMA) crossed above the 20 EMA to indicate that short-term momentum has turned bullish. This technical event was validated by the recent surge in the Klaus price.<\/span><\/p>\n With the growing gap between the 9 and 20 EMA, it seems the altcoin’s positive momentum shows no signs of slowing down just yet. <\/span><\/p>\n Meanwhile, the Relative Strength Index (RSI) shows that buyers have the upper hand on the crypto’s 4-hour chart, with the indicator’s latest readings in the mid 80s. Investors and traders will, however, want to keep an eye on the RSI, because high readings also warn that a <\/span>crypto<\/span><\/a> is overbought. This is usually seen as a sell signal.<\/span><\/p>\nThe Klaus Price Attempting A Challenge At Resistance<\/span><\/h2>\n
Klaus Price In Overbought Territory, But Its Bullish Momentum Not Cooling Off Just Yet<\/span><\/h2>\n