QuickSwap Price Prediction: QUICK Soars 18% On Binance Perpetual Contract Launch, But Experts Say This New ICO Might Be The Best Crypto To Buy Now
The QuickSwap price soared 18% in the last 24 hours to trade at $0.04334 as of 06:45 a.m. EST on trading volume that surged 173% to $16.2 million.
This comes as Binance Futures introduced a USD-margined QUICK perpetual contract with up to 75x leverage, providing traders with new opportunities to trade QuickSwap (QUICK) using Tether (USDT) as the settlement asset.
The contract, live as of today, Sept. 6, allows traders to utilize Multi-Assets Mode for flexible collateral options.
QuickSwap Price Aims To Sustain Its Bullish Stance
According to GeckoTerminal data, the QuickSwap price movements since August 27 have formed a cup-and-handle pattern as the bulls struggled to breach the $0.04171 resistance level.
QUICK has now surpassed both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the uptrend.
Moreover, the Relative Strength Index (RSI) seems to be rebounding from the 50-midline level, currently at the overbought region at 74, which is an indication of intense selling pressure and shows that the asset is undervalued.
The Moving Average Convergence Divergence (MACD) also trades above the neutral line, a confirmation of the upward trend and bullish stance.
QUICKUSD Chart Analysis Source: GeckoTerminal.com
The RSI and MACD show that the price of QuickSwap is currently on a positive momentum. If this momentum continues, QUICK could surge over the neckline as the bulls target $0.0550.
However, in the case of bearish sentiments, the price of QuickSwap could plunge, with $0.03573 and $0.03240 acting as the immediate support levels on the SMAs.
As the QuickSwap price aims for a trend continuation, the new Crypto All-Stars (STARS) presale is preparing to blast through $1 million in funds raised.
Crypto All-Stars Amasses Over $994K
Crypto All-Stars combines its traditional meme coin appeal with a unique staking protocol known as the MemeVault.
The project is the first in the industry to introduce multiple meme coin staking, regardless of the blockchain, on a single staking protocol.
The MemeVault enables users to earn $STARS tokens by staking popular meme coins such as Pepe, Dogecoin, Shiba Inu, Floki, Brett, Mog Coin, Milady, Turbo, Toshi, Coq Inu, and Bonk. Additional meme coins will be added in the coming months.
Token holders can also earn passively by staking $STARS, which offers an impressive 1,439% annual percentage yield (APY).
According to ClayBro, a popular YouTuber with over 130K subscribers, $STARS has the potential to soar 29X after its launch.
If you are interested to join the presale, you can buy STARS now for $0.0014248. With the price set to increase in less than a day, you should act fast to lock in the best deal.
Purchase $STARS from the official website here using BNB, USDT, or a bank card.
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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.
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