{"id":636733,"date":"2025-03-19T11:35:20","date_gmt":"2025-03-19T11:35:20","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=636733"},"modified":"2025-03-19T11:35:20","modified_gmt":"2025-03-19T11:35:20","slug":"mubarak-price-prediction-mubarak-plunges-18-as-investors-shift-focus-to-this-meme-coin-rival-offering-free-bitcoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/mubarak-price-prediction-mubarak-plunges-18-as-investors-shift-focus-to-this-meme-coin-rival-offering-free-bitcoin","title":{"rendered":"Mubarak Price Prediction: MUBARAK Plunges 18% As Investors Shift Focus To This Meme Coin Rival Offering Free Bitcoin"},"content":{"rendered":"

The Mubarak price plunged over 18% in the last 24 hours to trade at $0.1511 as of 5:43 p.m. EST as investors decrease their exposure to the crypto.<\/span><\/p>\n

Along with the 24-hour drop in the MUBARAK price, there has also been a more than 30% decrease in daily trading volume during the same period.<\/span><\/p>\n

Mubarak Price Resting On A Key Level<\/span><\/h2>\n

\"MUBARAK<\/p>\n

1-hour chart for MUBARAK\/USD (Source: GeckoTerminal)<\/span><\/p>\n

The <\/span>Mubarak<\/span><\/a> price broke above the resistance level at $0.1505 in the last few hours, according to <\/span>GeckoTerminal data<\/span><\/a>. However, the meme coin is now resting on this major price point.<\/span><\/p>\n

Should traders identify the meme coin’s current price as a buy opportunity, the Mubarak price might try to overcome the resistance at $0.1797 and flip the technical barrier into support. Thereafter, the crypto could clear the room needed to continue rising in the short term.<\/span><\/p>\n

On the other hand, MUBARAK dropping below the $0.1505 mark within the next few hours could end up in a more bearish scenario playing out. In this alternative case, traders will likely exert sell pressure on the <\/span>meme coin<\/span><\/a>. This could then push the altcoin’s price down to $0.1212 and potentially as low as $0.0888 if bulls don’t step in.<\/span><\/p>\n

Technicals Suggest The Mubarak Price Might Start Climbing<\/span><\/h2>\n

From a technical standpoint, indicators on the 1-hour chart such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) suggest the Mubarak price might start to rise.<\/span><\/p>\n

That’s after the MACD line crossed above the MACD Signal line in the last few hours to trigger a major bullish technical flag. Now, the gap between the two lines has started to grow. Traders might see this expanding gap with the current alignment of the MACD lines as a sign that the meme coin’s bullish momentum is picking up steam.<\/span><\/p>\n

Meanwhile, the RSI line has started to slope positively again after a period of declining values. The change in slope could suggest that buyers are re-entering MUBARAK’s charts. What’s more, the current reading above the neutral 50 mark indicates that buyers are slightly stronger than sellers on the hourly chart.<\/span><\/p>\n

As the Mubarak price tries to recover, investors continue to flock to a new meme coin rival called <\/span>BTC Bull Token (BTCBULL)<\/span><\/a> to grow their crypto portfolios. According to 99Bitcoins, a popular YouTube crypto channel with over 725K subscribers, BTCBULL has the potential to soar 10X after its launch.<\/span><\/p>\n