{"id":589144,"date":"2024-10-20T13:52:04","date_gmt":"2024-10-20T13:52:04","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=589144"},"modified":"2024-10-20T13:52:04","modified_gmt":"2024-10-20T13:52:04","slug":"is-it-too-late-to-buy-phil-phil-price-soars-27-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-phil-phil-price-soars-27-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy PHIL? Phil Price Soars 27% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Phil price surged 27% in the last 24 hours <\/span>to trade at $0.04078<\/span><\/a> as of 9:35 p.m. EST on trading volume that skyrocketed 112% to $15 million.<\/span><\/p>\n

Phil Price On A Sustained Bullish Trend<\/b><\/h2>\n

According to the PHIL\/USD chart analysis on <\/span>GeckoTerminal<\/span><\/a>, the Phil price has recently experienced a parabolic upward movement, which often signals continued buying interest.<\/span><\/p>\n

The earlier flat and quiet price action within the $0.0170 support, marked by a rectangle in yellow, was a period of accumulation, which has now broken out into a major price rally.<\/span><\/p>\n

PHIL now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the upward trajectory. The 50-day SMA has also crossed above the 200-day SMA, forming a golden cross around $0.019, further supporting the bullish sentiment.<\/span><\/p>\n

The Relative Strength Index (RSI) is currently at 77.49, which places it in the overbought territory (above 70). This suggests that while the price is in a strong upward trend, it may be due for a correction or at least some consolidation. Overbought conditions indicate that buyers may be exhausted and a potential pullback could be near, although RSI can remain overbought for extended periods during strong trends.<\/span><\/p>\n

Furthermore, the Moving Average Convergence MACD line (blue) is above the signal line (orange), which is a bullish sign. Moreover, the histogram shows increasing positive momentum, confirming the strength of this recent uptrend.<\/span><\/p>\n

\"Phil<\/p>\n

PHILUSD Chart Analysis (Source: <\/span><\/i>GeckoTerminal<\/span><\/i><\/a>)<\/span><\/i><\/p>\n

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

The Phil price analysis shows a sustained bullish trend on the 4-hour timeframe, with major indicators supporting more bullish movements. If the bulls keep pushing the price, PHIL could soar even more as the bulls target the next resistance at $0.0550.<\/span><\/p>\n

However, an overbought RSI shows that the price of Phil is now overvalued, which could be a selling signal for the bears. In this scenario, the Phil price could still go through a correction back to the $0.0209 support zone.<\/span><\/p>\n

Meanwhile, investors are also piling into <\/span> Pepe Unchained (PEPU)<\/span><\/a>, probably the most successful presale this year after raising almost $21 million.<\/span><\/p>\n

According to ClayBro, a prominent crypto analyst on YouTube with over 130K subscribers, $PEPU has the potential to soar 20X after its launch. <\/span><\/p>\n