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Is It Too Late To Buy BAR? Gold Standard Price Soars 60% And This Might Be The Next Crypto To Explode

1 August 2024
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The Gold Customary worth has surged 60% within the final 24 hours to commerce at $15.58 as of 6:38 a.m. EST on an 8% drop in buying and selling quantity to $6.5 million.

Gold Customary Worth Evaluation: The Bulls Are Gaining Momentum Inside The Bearish Channel

The Gold Customary worth is gaining momentum after the bulls confronted resistance, which allowed the bears to trip the bearish momentum. 

The value has bottomed out inside a bearish pennant, with the bulls driving the worth upwards in a rebound across the $8.43 assist zone. This transfer has restricted additional good points for the bears.

BAR/USDT Evaluation (Supply: Dextools.io)

Moreover, the Gold Customary worth accumulates close to the channel’s higher trendline, suggesting that bullish buyers may push the worth above it. 

If the bulls sustain their momentum, they may set up a powerful technical basis and probably spark a rally that takes the worth above the channel.

Regardless that it faces resistance on the channel’s higher trendline, the Gold Customary trades above the 50 and 200 easy shifting averages, which presently act as quick assist for the worth. Slightly push may assist the bulls cross above the bearish channel.

The latest MACD blue line crossing above the orange sign line, whereas nonetheless under the impartial place, is bullish, signalling a possible reversal to an upward development. The inexperienced histogram bars additional counsel intense shopping for stress for the Gold Customary worth.

The Relative Power Index has dipped under the 50 midline stage. Nevertheless, there are indications that it may rebound, favouring upward momentum. This might drive the RSI to enter overbought territory, supporting a constructive sentiment for the Gold Customary worth.

Gold Customary Worth Prediction

The bullish rebound on the 50 midline stage of the RSI exhibits the bulls’ resilience in driving the worth again up once more. This additionally aligns with assist from the 50 SMA. If the momentum is sustained, it may counsel a possible upward drive to assist the bulls attain a brand new excessive of $44.

Conversely, if bearish stress will increase, it may push the development under the assist zone to the channel’s decrease trendline at $8.15.

Purchase This GameFi Sensation For 100X Potential

As merchants flock to purchase extra Gold Customary, the GambleFi token Mega Cube (DICE) on Solana is shaking up the crypto on line casino panorama as its presale barrels previous $1.6 million in funds raised.

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Simply wager $1 or extra on “Viking Runecraft: Apocalypse” utilizing our native $DICE token ONLY 🎲 and see in case you… pic.twitter.com/HALgJI1qAQ

— Mega Cube On line casino (@megadice) July 30, 2024

The venture is a number one title within the crypto on line casino house, with greater than 10,000 energetic gamers and month-to-month wagers topping $50 million.

Gamers can select from over 4,000 on line casino video games and place bets on 50 totally different sports activities and eSports.

Token holders may profit from the on line casino’s day by day income via a particular staking system.

In response to 99Bitcoins, a distinguished crypto channel on YouTube with greater than 706k subscribers, $DICE has the potential to surge 100X after its launch.

You should purchase $DICE on the official web site for $0.100254 per token. You too can earn 10% on any purchases made by buyers you refer.

Our neighborhood’s creativity shines on this gorgeous video that includes $DICE 🤩$DICE – #1 GameFi venture on #SOLANA! 🚀

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— Mega Cube On line casino (@megadice) July 29, 2024

Purchase DICE tokens right here utilizing BNB, ETH, SOL, or a financial institution card. 

Associated Articles

Mega Cube – Latest GambleFi Token

Mega DiceMega Dice

Established Crypto Betting Model
Featured In Cointelegraph – First Licensed Telegram On line casino
Presale Stay Now – megadicetoken.com

Mega DiceMega Dice

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