Digiverse Price Prediction: DIGI falls 24% in one month as investors take notice of this world’s first $5M AR/VR ICO.

adminApril 8, 2024

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Digiverse’s price has plummeted 24% in a month and is trading at $0.6103 as of 0:57 AM ET, with volume plummeting 56% over the past 24 hours.

While the cryptocurrency market is stagnant, altcoins are showing strength. Despite the decline, the altcoin is trending alongside cryptocurrencies including Wormhole (W), Ethena (ENA), Dogwifhat (WIF), Bitcoin (BTC), Book of Meme (BOME), and Solana (SOL).

🔥 Top 10 Popular #Cryptocurrency Today’s Project
One. $W
2. $DIGI
three. $ this
4. $WIF
5. $BTC
6. $TREES
7. $SOL
8. $ dough
9. $PEPE
10. $PENDLE
— Ava Monaro (@AvaMonaro) April 7, 2024

The broader market’s upward momentum appears to have stalled as Bitcoin prices remain in a lull, trading below $70,000, and DIGI is signaling the same outlook. However, some analysts predict that an alt season is coming soon.

People ask. ”Is there an alt season?”
Yes we are
We always have one, we’ve even seen the memes. $SOL Ecosystem and AI.
Next is probably $ETH Ecosystem, DePIN & RWA.
— Michael van de Poppe (@CryptoMichNL) April 7, 2024

As the countdown to halving continues, some market observers are predicting capital turnover in favor of altcoins and seeing the current downturn as an opportunity to enter a late rally.

During the weekend, #Bitcoin It came back to 700,000 won.
– The market is more powerful than we think.
– Dips On #altcoin This is a large item.
– A new ATH pre-halving is likely to occur.
– A rotation towards altcoins is coming.
— Michael van de Poppe (@CryptoMichNL) April 7, 2024

From a technical perspective, resistance due to the 200-day exponential moving average (EMA) at $0.7148 is keeping the Digiverse price in check.

Digiverse Price Prediction as DIGI Faces Resistance by 200-EMA

Digiverse price is trapped within the range of a descending parallel channel and losses are likely to widen as the 200-day EMA offers resistance.

The position of the Relative Strength Index (RSI) below its average level of 50 is also a bearish signal, further tilting the odds in favor of the bears. This outlook could cause the Digiverse price to extend its downtrend, possibly falling low enough to clear the low $0.5724 range before DIGI tokens become attractive to buy again.

Digiverse Price

TradingView: DIGI/USDT 1-day chart

converse case

On the other hand, if bulls spot a correction buying opportunity, Digiverse price could go northward. The ideal situation would be for the 50% Fibonacci placeholder at $1.2277 to turn into support. This will encourage more entries, especially among skeptics. However, for the bullish argument to be invalidated, Digiverse price would need to extend its gains to close above $1.8625.

A very bullish case could see the Digiverse rally retrace the highs of the $2.5200 range, a level last tested on January 23rd.

Meanwhile, investors are turning to 5SCAPE, the world’s first token for AR/VR projects. The pre-sale price now stands at $5 million as investors rushed to buy before the price rose about 15 hours later.

A Promising Alternative to Digiverse

5SCAPE supports the 5th Scape ecosystem, an innovative AR and VR cryptocurrency. The ongoing ICO has already raised over $4.2 million and tokens are selling for $0.00285 each, set to transform entertainment and learning as we know it.

5th scenery

The 5th Scape project features a comprehensive ecosystem that combines high-quality games and blockchain technology. The project offers a variety of realistic sports, fighting and racing games designed to immerse players in the world of virtual reality.

VR is the future. Learn how the University of National Horizons Center is using VR and MR.#VR pic.twitter.com/PKBVqVYUwf
— 5th Scape (@5th_scape) March 20, 2024

5th Scape plans to dominate the field with cutting-edge hardware, such as its VR Ultra headset, which boasts top-notch visuals and motion tracking capabilities. The headset comes with a custom gaming chair that provides maximum comfort during long gaming sessions.

From immersive games and hardware to versatile token models, the 5th Scape team envisions a unique combination of VR and Web3. This ambitious vision appears to be a major factor in the significant demand for ICOs.

5th scenery

Since the listing price is fixed at $0.01, investors who buy now can earn a 250% profit before launch. If you’re interested, buy now before the price goes up 15%.

Visit 5SCAPE here to purchase.