Maneki Price Prediction: MANEKI Soars 30% as Analysts Say This Solana Rival Could Be the Best Cryptocurrency to Buy Right Now.
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Maneki prices have surged 30% in the last 24 hours. Traded for $0.009357 As of 7:20 a.m. EST, trading volume had surged 37% to $42 million.
Maneki Price Rebound from Descending Triangle: Can Bulls Take Back ATH?
The Maneki price is falling from its all-time high of $0.0276.Recorded a 66% decline.
However, the support zone at $0.004637 halted the bears’ advance, allowing the bulls to stabilize the price. Despite the recent pullback, this support level remains strong, giving bulls an opportunity to gain momentum and push the price back up to recover their losses.
MANEKIUSDT Analysis by Tradingview
The descending triangle pattern indicates: The bullish momentum could continue, potentially pushing prices higher. If this momentum continues, the bulls could push the price past the wedge and sustain the upward trend.
The bullish trend was signaled by successfully holding the price above the 50-period simple moving average (SMA). However, to confirm the expected rally, bulls will need to maintain the bullish momentum and push the price above the 200-day SMA.
The relative strength index (RSI) indicates that the oversold zone has bounced from 30 to 75. This means strong buying pressure on the Maneki price.
MACD (Moving Average Convergence Divergence) indicates a surge from the bottom when the blue signal line crosses the orange trend line in an uptrend above the neutral level. The histogram also shows a trend above neutral levels, indicating high purchase volume.
Maneki Price The Bulls are ready to get their ATH back.
Maneki prices are strong. This is because the bulls push the price to highs on successive bullish candlesticks for another surge to regain the high of $0.01405. However, increasing momentum could help the bulls surge the price, reaching an all-time high of $0.0276 in the coming weeks.
Conversely, if the bears turn lower again, the price may fall towards the lower border of the triangle at $0.005567.
Last Chance to Buy SMOG: Next 100X Solana Gems!
Meanwhile, with the price of Maneki surging, investors may also consider buying the Solana meme coin $SMOG amid rumors of an imminent listing on a top exchange.
The SMOG token has achieved impressive performance since its launch. A key reason for its success is its innovative strategy of rewarding token holders and encouraging community participation through the “greatest ever” airdrop program.
The team concluded Airdrop Season 1 in April by giving away approximately $1 million in prizes to holders.
Airdrop Season 2 is underway, focusing on on-chain activity.
Additionally, the team successfully listed the token on the MEXC Centralized Exchange (CEX), hinting at a possible listing on another top exchange soon.
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– MEXC (@MEXC_Official) April 4, 2024
Token holders can stake their earned tokens and earn 42% annual returns.
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Crypto Gains, a popular analyst and YouTuber with over 130,000 subscribers, believes $SMOG has the potential to surge another 100x.
With the possibility of another top exchange listing looming, now could be a good time to buy Smog.
Purchase Smog tokens on the official website here and get a 10% discount while the offer lasts.
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