{"id":618351,"date":"2025-01-15T14:21:59","date_gmt":"2025-01-15T14:21:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=618351"},"modified":"2025-01-15T14:21:59","modified_gmt":"2025-01-15T14:21:59","slug":"butthole-coin-price-prediction-butthole-plummets-26-as-wall-street-pepe-raises-48-5m-in-presale-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/butthole-coin-price-prediction-butthole-plummets-26-as-wall-street-pepe-raises-48-5m-in-presale-best-crypto-to-buy-now","title":{"rendered":"Butthole Coin Price Prediction: BUTTHOLE Plummets 26% As Wall Street Pepe Raises $48.5M In Presale \u2013 Best Crypto To Buy Now?"},"content":{"rendered":"

The Butthole Coin price has plummeted 26% in the last 24 hours to trade at $0.03606 as of 7:00 a.m. EST on a 51% drop in trading volume to $8.9 million.<\/p>\n

Butthole Coin Price Closes On A Breakout Above The Triangle<\/h2>\n

The BUTTHOLE\/USD trading pair chart on the 1-hour timeframe shows a descending triangle pattern with a bearish continuation signal. The price currently trades at $0.03656<\/a>, with a precise support level of around $0.03000.<\/p>\n

This support forms the horizontal base of the triangle, while a descending trendline forms the pattern’s apex. A breakout in either direction could define the crypto’s next trend.<\/p>\n

The 50-period Simple Moving Average (SMA) is currently at $0.03854 and is acting as a dynamic resistance, which indicates bearish pressure. However, a breakout above this level could be the start of a bullish rally.<\/p>\n

\"Butthole<\/p>\n

BUTTHOLEUSD Analysis Source: Dextools.io<\/p>\n

On the other hand, the MACD (Moving Average Convergence Divergence) shows a negative histogram, with the MACD and Signal lines approaching convergence. This setup hints at weakening bearish momentum, with the potential for a bullish crossover.<\/p>\n

The RSI (Relative Strength Index) is at 46.62, placing it in the neutral zone but trending toward oversold conditions. A move above the midline of 50 could indicate a shift in momentum that favors buyers.<\/p>\n

If the price breaks above the triangle’s descending resistance and the 50-period SMA (around $0.03850), the next key resistance levels to watch would be $0.04500 and $0.06000.<\/p>\n

Conversely, a breakdown below the $0.03000 support could lead to further declines, potentially targeting $0.02500.<\/p>\n

For bullish traders, a confirmed breakout above $0.03850 with strong trading volume would signal a good entry point. Bearish traders should monitor for a close below the $0.03000 support level as confirmation for short positions.<\/p>\n

As the price approaches the triangle’s apex, close attention to indicators like the MACD and RSI will be crucial for identifying momentum shifts.<\/p>\n

Wall Street Pepe Presale Heads To $50 Million – Next Crypto To Explode?<\/h2>\n

As the Butthole Coin price tries to enter into another bullish rally, investors are flocking to a new Pepe-inspired project called Wall Street Pepe (WEPE)<\/a>, whose presale has already surpassed $48.6 million in funding.<\/p>\n

The WEPE presale aspires to be one of the most successful in history by creating a collaborative platform where members can share insights, identify early opportunities, and achieve significant returns.<\/p>\n

\n

They doubted the frog. Now they fear the movement. 🐸⚔️ pic.twitter.com\/Fmm8PpquOl<\/a><\/p>\n

— Wall Street Pepe (@WEPEToken) January 10, 2025<\/a><\/p><\/blockquote>\n