Gorilla Price Prediction: GORILLA Soars 42%, But Traders Turn to This Runaway 2.0 DOGE ICO Offers Last Buying Opportunity.

adminApril 3, 2024

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gorilla price rapidly increase Over the past 24 hours, investors have invested heavily in the altcoin, with more than 42% of it trading at $0.006979 as of 2:25 a.m. ET.

Due to the recent surge in GORILLA prices, the annual increase exceeded 2,861%. It also pushed the cryptocurrency’s weekly and monthly performance back into the green.

Gorilla Pricing Attempts to Break Another Price Barrier

GORILLA/USDT 4-hour chart (Source: TradingView)

that much Gorilla The price is attempting to break through the $0.007014 resistance level after surmounting the $0.005606 barrier in the last 24 hours. If the altcoin closes a 4-hour candle above $0.007014 within the next 12 hours, it could have a solid base to continue rising in the coming days.

Traders can then take a long position on the cryptocurrency, which could push GORILLA towards the key resistance level at $0.009196 in the next 24 hours. Sufficient buying pressure may force the altcoin to overcome this threshold and challenge the $0.012055 level in the near term.

Traders and investors may want to note the rising wedge that has formed on GORILLA’s 4-hour chart before entering a long position. This is a bearish pattern that is usually seen as a warning of an impending correction.

This pattern could be confirmed if the cryptocurrency does not close a 4-hour candle above $0.007014 within the next 12 hours. As a result, sellers can lower the Gorilla price to the aforementioned $0.005606 level. At this point, continued selling pressure could push the altcoin down to $0.004565.

Sellers may soon be able to control gorilla prices

technical indicators gorilla’s The 4-hour chart is still bullish. However, there were signs that purchasing power was decreasing. Both the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators point to a continued rise for GORILLA over the next 24-48 hours.

The MACD line is breaking above the MACD signal line. This not only signals that the cryptocurrency has entered a positive cycle, but also suggests that its bullish momentum is growing stronger.

Meanwhile, RSI is above the simple moving average (SMA) on the 4-hour chart, which signals that buyers are stronger than sellers. However, RSI has declined after peaking in overbought territory over the past eight hours.

This could be an early sign of an upcoming bearish trend reversal. Traders can sell GORILLA because its downside potential is currently greater than its upside potential.

Amid the risk that Gorilla’s price will adjust soon, investors are flocking to it. Dogecoin 20 Pre-sale for potential 100x profit in 2024.

Investors Scramble To Buy This Meme Coin Ahead Of Its Launch This Month

Cryptocurrency traders and investors continue to flock to Dogecoin20’s presale. Meme Coin, the first major upgrade to DOGE branding and technology since Dogecoin launched in 2013, raised more than $10 million through an ICO. As a result, tickets sold out faster than expected.

Due to this enormous popularity, the project team decided to give investors one last chance to purchase meme coins before the launch of Dogecoin20 on April 20th. With 17 days remaining, Dogecoin20 (DOGE20) shows promise of generating significant returns for investors upon launch. .

$10 Million Raised and Counting: Why is Dogecoin20 trending ahead of Doge Day? https://t.co/Op6F4Gbeol
— John Morgan (@johnmorganFL) April 1, 2024

Launched as an ERC-20 token, DOGE20 not only serves as a greener solution to the original Dogecoin, but also allows token holders to earn rewards through staking. Anyone who purchases and locks up tokens during this initial phase can receive up to 64% in annual rewards.

Higher growth potential than existing Dogecoin

Dogecoin has come a long way since its launch and currently holds the title of the largest meme coin by market capitalization. However, due to the unlimited token supply, the price potential is still limited. Dogecoin20 is attempting to capitalize on this trap as the team limits the supply of its latest meme coin to 140 billion.

This fixed amount of tokens puts Dogecoin20 in a perfect position to outperform legacy DOGE in the medium to long term. If the momentum Dogecoin20 has built during its pre-sale period continues after launch, it could only be a matter of time before DOGE20 leaves the original meme coin in the dust.

Investors who want to participate in DOGE20 can do so on the project’s official website. Dogecoin20, which sells for $0.00022, can be purchased using ETH, BNB, USDT or bank cards.

DOGE20 available for purchase here.

SMOG – Meme Coin with Rewards