{"id":599172,"date":"2024-11-16T10:13:27","date_gmt":"2024-11-16T10:13:27","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=599172"},"modified":"2024-11-16T10:13:27","modified_gmt":"2024-11-16T10:13:27","slug":"is-it-too-late-to-buy-pnut-peanut-the-squirrel-price-skyrockets-1806-in-a-week-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-pnut-peanut-the-squirrel-price-skyrockets-1806-in-a-week-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy PNUT? Peanut The Squirrel Price Skyrockets 1,806% In A Week And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Peanut The Squirrel price has skyrocketed 1,806% in the past week and 15% in the last 24 hours to trade at $1.8624<\/a> as of 8:25 p.m. EST on a 20% pump in trading volume to $4.3 billion.<\/p>\n

Peanut The Squirrel Price Poised For Breakout As Bullish Pennant Signals Potential Surge<\/h2>\n

The PNUT\/USD trading pair is showing remarkable strength, with the price currently hovering at $1.8464. According to data from GeckoTerminal<\/a>, after breaking out of a long consolidation phase near $1.03, the market witnessed a powerful surge, marking a pivotal moment for this bullish trend.<\/p>\n

The <\/span>50-day Simple Moving Average (MA) at <\/span>$1.8477 and the <\/span>200-day SMA at <\/span>$0.7803 support this upward momentum, serving as crucial support levels and reinforcing the overall optimism in the market. Following this impressive rally, the price has entered a period of consolidation, forming a bullish pennant pattern.<\/p>\n

This formation is a classic continuation signal, often hinting at the possibility of another breakout.<\/p>\n

\"Peanut<\/p>\n

PNUTUSD Analysis Source: Dextools.io<\/strong><\/a><\/p>\n

At present, the price is testing the upper boundary of the pennant, and all eyes are on the $2.10 resistance level. A successful breakout here could propel the price toward $2.50 or even higher, capturing the attention of bullish traders eager to ride the next wave.<\/p>\n

The indicators tell an equally compelling story. The MACD reveals a temporary slowdown in momentum during the pennant phase, but there’s no sign of a trend reversal for Peanut The Squirrel price<\/span>.<\/p>\n

Peanut The Squirrel Price: Plenty Of Room For Upside<\/h2>\n

Meanwhile, the RSI sits comfortably at 53.60, indicating neutral market conditions. This balance indicates that there’s still plenty of room for upward movement before the market approaches overbought territory.<\/p>\n

The chart paints an exciting picture of potential. The 50-day SMA acts as immediate support for short-term stability, while the 200-day MA provides a strong foundation for long-term growth.<\/p>\n

With the bullish pennant in play, a breakout above $2.10 could set the stage for a significant rally, potentially taking the price to $2.50 or beyond. For now, traders are closely watching, anticipating the next big move in this evolving story.<\/p>\n

Crypto All-Stars Closes On $4 Million In Presale<\/h2>\n

As the Peanut the Squirrel price soars, so the <\/span>Crypto All-Stars (STARS)<\/a> presale has stormed past $3.9 million in funding.<\/span><\/p>\n

Imagine a platform that unites all your favorite meme coins in one hub that’s designed to unlock staking rewards. Crypto All-Stars is turning this vision into reality.<\/p>\n

\n

📣 Huge Announcement! 📣 <\/p>\n

🚀 Don't miss out on your chance to claim your $STARS<\/a> 💫 tokens!<\/p>\n

🚀The token claim portal is now LIVE for all presale purchasers. Verify your $STARS<\/a> allocation now and secure your tokens!<\/p>\n

🔗 https:\/\/t.co\/CbSL0Kup6J<\/a><\/p>\n

Hurry‼️#CryptoAllstars<\/a> #STARS<\/a> pic.twitter.com\/ACMr2B6EOu<\/a><\/p>\n

— Crypto All-Stars (@all_star_coins_) November 15, 2024<\/a><\/p><\/blockquote>\n