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Retik Finance Price Prediction: RETIK Plunges 23% as Experts Say Solana GameFi Gem Could Be the Best Cryptocurrency to Buy Right Now.

adminMay 27, 2024

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Retik price has fallen 23% over the past 24 hours, trading at $1.1973 as of 4:31 AM ET.

The ongoing sell-off has resulted in trading volumes falling nearly 10% over the same period. This is due to market book gains generated by listing hype. In particular, RETIK tokens are currently listed on DigiFinex for spot trading. Tokens are also listed on BitMart and Bitget exchanges.

Token listings are a bullish catalyst. When a cryptocurrency begins trading on an exchange, the trading volume and liquidity of that token typically increases. Tokens will be accessible to more investors and traders. This can increase buyer interest, potentially driving prices up.

More specifically, listing on a popular exchange increases the visibility of your asset while also increasing awareness of it. New investors are likely to pursue the project, which will lead to increased demand and higher prices.

Nevertheless, the typical ‘buy on the rumor, sell on the news’ situation also forms after these events.

Retik Price Prediction as Investors Cash in on RETIK Listing Hype

Retik price is consolidating within a parallel channel, falling in 15-minute increments. The Relative Strength Index (RSI) is subdued to below average levels of 50. Several attempts to overcome this threshold proved futile as RSI corrected lower in a wave-like movement.

The moving average convergence divergence (MACD) is also in negative territory. This means that the momentum of Retik price is trending downward. If seller momentum increases and Retik price falls below $1.1241, the bullish argument will be invalidated.

reticretic

GeckoTerminal: RETIK/USD 15-minute chart

On the other hand, if bulls increase buyer momentum, Retik price may increase its upside. Sustained higher highs could lead the altcoin to test the $1.2968 resistance level.

Flipping this barricade as support may cause Retik price to fall towards the $1.4270 resistance level. This will confirm a breakout above the bearish technical structure and set the stage for further gains.

Traders looking to take a long position in RETIK will have to wait until the price closes above the aforementioned level. If the price closes steadily above the average level of 50, the bullish assumption will be strengthened.

Meanwhile, experts say Solana GameFi gem DICE may be the best cryptocurrency to buy right now. Popular cryptocurrency YouTuber Michael Wrubel explains why he is optimistic about the project. He says this could be the next big thing as it offers incredible revenue sharing opportunities.

A promising alternative to RETIK

DICE is the token that supports the Mega Dice ecosystem. It acts as a utility token for the platform, giving users access to premium content. It also provides entry into community governance where holders can receive exclusive rewards and benefits.

Mega Dice, a fast-growing global cryptocurrency casino brand, boasts over 50,000 players and 10,000 community members, according to its website. Advertising itself as a veteran of the casino landscape, the project focuses on growth and adding value to players. This is most evident in the introduction of $DICE, the leading GameFi token on the Solana blockchain. DICE provides users with the best casino token experience.

Mega Dice’s DICE tokens run on the Solana network, making SOL the preferred currency for presales. The project also accepts Ethereum (ETH) and Binance Chain (BNB), ensuring accessibility for most cryptocurrency investors.

Mega Dice Casino also announced that its X account now accepts TON for both website and Telegram casino transactions. TON is known for its reliability, eco-friendliness, and ultra-fast transactions.

After the pre-sale, Mega Dice will distribute tokens to investors upon initial exchange listing. This listing will take place on decentralized exchanges that support SOL tokens, such as Jupiter or Raydium.

The Mega Dice ICO got off to a strong start right from the start. The pre-sale continues to be booming, with investors buying more than 17.654 million DICE tokens to date amid enthusiasm. Pre-sale collections have reached over $12.39 million so far, with the project rushing toward its 28.7 million goal, with each DICE token currently selling for $0.075.

mega dice

Offering a variety of games and attractive bonuses, Mega Dice strengthens its platform with a pre-sale of $DICE tokens. It provides exclusive benefits to holders such as staking rewards, NFTs, revenue sharing, referral bonuses, airdrops, etc.

If all this interests you, perhaps you should act now. Go to a website where you can access DICE tokens. Pre-sale pricing applies.

Visit here to purchase DICE.

Also read:

Mega Dice – The Latest GambleFi Token

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  • Establishment of a cryptocurrency betting brand
  • Introducing Cointelegraph – The First Licensed Telegram Casino
  • Pre-sale now – megadicetoken.com

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adminMay 27, 2024

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