{"id":587586,"date":"2024-10-15T14:27:21","date_gmt":"2024-10-15T14:27:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=587586"},"modified":"2024-10-15T14:27:21","modified_gmt":"2024-10-15T14:27:21","slug":"is-it-too-late-to-buy-puffer-puffer-price-skyrockets-106-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-puffer-puffer-price-skyrockets-106-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy PUFFER? Puffer Price Skyrockets 106% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Puffer price skyrocketed 106% in the last 24 hours <\/span>to trade at $0.6087<\/span><\/a> as of 03:18 a.m. EST on trading volume that skyrocketed to $342 million.<\/span><\/p>\n

Puffer Price Aiming For A Breakout<\/h2>\n

After its launch, the Puffer price rose to the $0.889 resistance, before plunging to the $0.56 support, according to data from <\/span>GeckoTerminal<\/span><\/a>. The price has been able to trade within the support zone, forming a descending triangle pattern.<\/span><\/p>\n

The continued trend has resulted in the price of Puffer trading below the 50-day Simple Moving Average (SMA).<\/span><\/p>\n

However, the Puffer price being able to sustain its movements along the horizontal support level has also caused the Relative Strength Index (RSI) to trade within a neutral level, currently at 48, which shows neither overbought nor oversold conditions.<\/span><\/p>\n

If the bulls sustain the price above the upper boundary of the triangle, as they aim to push the price even further above, as they target the previous resistance at $$0.889.<\/span><\/p>\n

\"Puffer
PUFFERUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

However, in a scenario where the bears take control of the price, PUFFER could plunge back to the $0.56 support zone, which now acts as a cushion against downward pressure.<\/span><\/p>\n

Meanwhile, investors coveting gains with a similar trajectory to PUFFER right now might want to consider a new meme coin casino project called <\/span>Memebet Casino (MEMEBET Token)<\/span><\/a>, which has just hurtled past the $465k mark in its presale.<\/span><\/p>\n

YouTube channel Cryptonews, with over 10k subscribers, says that $MEMEBET Token could soar 100x after it launches.<\/span><\/p>\n