{"id":600411,"date":"2024-11-19T11:19:34","date_gmt":"2024-11-19T11:19:34","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=600411"},"modified":"2024-11-19T11:19:34","modified_gmt":"2024-11-19T11:19:34","slug":"koma-inu-price-prediction-koma-soars-28-but-investors-fomo-buy-pepe-unchained-before-its-tier-1-exchange-listings","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/koma-inu-price-prediction-koma-soars-28-but-investors-fomo-buy-pepe-unchained-before-its-tier-1-exchange-listings","title":{"rendered":"Koma Inu Price Prediction: KOMA Soars 28%, But Investors FOMO Buy Pepe Unchained Before Its Tier-1 Exchange Listings"},"content":{"rendered":"
The Koma Inu price <\/span>surged<\/span><\/a> 28% in the last 24 hours to trade at $0.07828 as of 6:41 a.m. EST as investors go long on the <\/span>meme coin<\/span><\/a>.<\/span><\/p>\n With the strong 24-hour performance, the KOMA price is up more than 685% over the last 7 days as well.<\/span><\/p>\n <\/p>\n 4-hour chart for KOMA\/USD (Source: <\/span>GeckoTerminal<\/span><\/a>)<\/span><\/p>\n The Koma Inu price broke out of a descending channel in the last few hours. Now, the meme coin is attempting to flip the resistance level at $0.08239 into support. Breaking above this technical barrier in the coming 12 hours could give KOMA the necessary space to continue climbing in the short term. Traders might then try to push the Koma Inu price up to $0.09605.<\/span><\/p>\n On the other hand, KOMA failing to establish a position above the $0.08239 mark within the next 12 hours could invalidate the bullish thesis. In this alternative scenario, the Koma Inu price might end up testing the closest support level at $0.06872. Continued sell pressure should the <\/span>meme coin<\/span><\/a> fall to this price point could lead to it plunging to as low as $0.05556.<\/span><\/p>\n Technical indicators on the meme coin’s 4-hour chart suggest the Koma Inu price has the necessary backing from buyers to continue rising through the course of the next trading day. Along with Exponential Moving Averages (EMAs) showing bullish signs, the Moving Average Convergence Divergence (MACD) indicator also suggests KOMA will rise in the short term.<\/span><\/p>\n In the last few hours, the 9 EMA line has started to break away above the longer 20 EMA line. Traders usually interpret this growing gap between the two momentum indicators as a sign that buyers have control of a crypto’s price. What’s more, the rising 9 EMA is also acting as technical support for the Koma Inu price.<\/span><\/p>\n Meanwhile, a major bullish technical flag is on the verge of being triggered by the MACD indicator on the 4-hour chart. In the last couple of hours, the MACD line has started to rise towards the MACD Signal line. If these two lines cross soon, it could be an indication that the Koma Inu price has entered a positive cycle.<\/span><\/p>\nKoma Inu Price Escapes A Negative Channel<\/span><\/h2>\n
Technicals Suggest The Koma Inu Price Might Keep Climbing<\/span><\/h2>\n