Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Is It Too Late To Buy ALICE? MyNeighborAlice Price Soars 25% And This Might Be The Next Crypto To Explode

Is It Too Late To Buy ALICE? MyNeighborAlice Price Soars 25% And This Might Be The Next Crypto To Explode

Insidebitcoin2024/07/18 17:17
By:Insidebitcoin

The MyNeighborAlice price has soared 25% in the last 24 hours to trade at $1.45 as of 7:05 a.m. EST on a 519% pump in trading volume to $190 million.

MyNeighborAlice is a multiplayer game on the blockchain where players can purchase and cultivate virtual land.

Powered by the ALICE token, its decentralized economy facilitates in-game transactions, trading, and player governance. This game fosters social interaction and creativity while offering both entertainment and investment possibilities.

MyNeighborAlice Price Skyrockets Above The Bearish Channel

The ALICE price is rising, with bulls breaking above the bearish channel. They regained momentum at the $0.873 support zone, pushing the price past the channel’s upper trendline and nearly reaching the previous high of $1.75.

Is It Too Late To Buy ALICE? MyNeighborAlice Price Soars 25% And This Might Be The Next Crypto To Explode image 0 Is It Too Late To Buy ALICE? MyNeighborAlice Price Soars 25% And This Might Be The Next Crypto To Explode image 1

ALICEUSDT Analysis (Source: Tradingview)

The ALICE price market shows signs of accumulation above the channel, indicating that bullish investors are gearing up to push the price to reclaim the previous high and subsequently achieve new highs. If ALICE continues the momentum, it will create a strong technical base, potentially triggering a bull rally. This situation prompts traders to consider opening long positions, anticipating ALICE’s entry into a new phase of upward price discovery. 

Although the price faces resistance below the 50-day simple moving average, it trades above the 200-day SMA, indicating support for the overall bullish sentiment.

The recent MACD blue line crossing above the orange signal line, while below the neutral position, is seen as bullish, signalling a potential reversal to an upward trend. The green histogram bars further indicate robust buying pressure for ALICE. 

The Relative Strength Index remains bullish above the 50 midpoint level to 68. Its upward trajectory suggests favourable conditions without entering overbought territory, supporting a positive outlook for ALICE price.

MyNeighborAlice Price: Can The Bulls Maintain Momentum?

The bullish momentum behind Alice’s price suggests a potential upward drive supported by positive technical indicators. Increased momentum should help the bulls reclaim the previous high at $2.85.However, there’s optimism for a new all-time high of around $3. 

Conversely, the bearish pressure could regain control to retest the pennant’s upper trendline at $1.26. A break below this level might extend the downtrend, targeting the $1.12 support zone as bears aim to exert more control over the price.

An Alternative Layer 2.0 Meme Coin That Might 10X Your Money

The enthusiasm exhibited in the bull rally for ALICE is also seen in a new layer 2 meme coin called Pepe Unchained ($PEPU) , which is drawing attention in the crypto market after its presale blasted past $4.2 million in funds raised.

Pepe Unchained aims to replicate the success of PEPE, now the third-largest meme coin by market cap. But PEPU has a huge competitive advantage, coming equipped as it does with its own Ethereum Layer 2 blockchain. It offers exceptional speed, scalability, and significantly lower transaction fees.

Investors can stake their tokens for a 445% annual percentage yield.

PEPU has caught the attention of influential Crypto YouTuber Jacob Bury, who believes it has the potential to surge 10x after launch.

You can buy PEPU directly from the project’s official website for $0.0084937. Hurry, though, as the price will increase in a little more than a day.

BUY PEPU using ETH, USDT, BNB, or a bank card.  

Related Articles:

  • Fight Price Prediction: FIGHT Soars 104% After Donald Trump Shouts ”Fight’’ After Assassination Attempt, But Traders Rush To Buy This ICO With Time Running Out
  • Upcoming Crypto Presales: Unlock Early Investment Opportunities!
  • LandWolf Price Plunges 86% Amid Rug Pull Worries As Experts Say This New Base ICO Is One Of The Best Crypto Presales To Buy Now
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Robert Kiyosaki Backs Saylor’s $13M Bitcoin Prediction

Famous author and financial expert Robert Kiyosaki recently shared some exciting thoughts about Bitcoin

Altcoinbuzz2024/11/21 15:33

Messari Unveils The Solana Portal

Messari has just opened the doors to The Solana Portal, a new platform designed to make it easy to track everything happening on the Solana blockchain

Altcoinbuzz2024/11/21 15:33