Is it too late to buy BOBO? BOBO price surges 92% in one week and this could be the next cryptocurrency to explode.

adminJune 11, 2024

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BOBO price has surged 92% in the past week and 24% in the last 24 hours. Traded for $0.000002731 As of 7:20 AM EST, trading volume had increased 48% to $5 million.

BOBO Price Bulls Face Resistance

BOBO price indicates a rebound after falling from an all-time high of $0.000003205. The bulls established a solid support zone at $0.00003516, allowing them to regroup and take control of the rally. This rally created upward momentum and pushed the price towards resistance levels.

bobo price

BOBOUSDT Analysis (Source: Tradingview)

Price trading above the 50 and 200 simple moving average (SMA) validates the bullish momentum of BOBO price. Additionally, the moving average intersection at $0.000001405 further supports a potential upward move in the BOBO price, confirming the overall positive trend.

Recently, the relative strength index (RSI) fell to 54, but quickly rebounded and rose to 66, which is close to the overbought zone. Due to continued momentum, RSI may soon enter overbought territory.

BOBO price may fall in double top pattern

BOBO price bulls are poised to push the price higher, targeting new highs above the resistance level. If they maintain momentum, they could push the price up to $0.000003457 in the coming weeks.

However, it is likely that the bears will take advantage of the double top pattern and push the price lower, which would indicate a downtrend reversal. If this happens, the bears could push the price lower, forcing the bulls to fall back to the $0.000002048 neckline support zone.

Investors looking to invest in a token with a more optimistic outlook may want to consider PlayDoge. PlayDoge surpassed $3.6 million in presales in less than two weeks.

PlayDoge Meme Coin Presale Raises Over $3.6 Million

that much PLAY meme coin combines the famous DOGE meme with a Play-to-Earn (P2E) game. PLAY also combines 90s nostalgia with modern blockchain technology, allowing users to manage their 8-bit pixel Doge in a retro mobile game.

Players feed, play mini-games, and bond with their virtual pets, earning $PLAY tokens in return for good care.

#playdoji Another Big W was bagged today, raising $3.5 million. #Ticketing! 🚀🎃
ICYMI: We went. #multichain! 🌐🎉#Staking Now streaming live from both places. #BNB and #ETH CHAINS OFFERING MORE $PLAY 💰
Rewards vary by chain 🌟
Buy now! 👇 https://t.co/JT0VEofqf2#memecoin #P2E #Cryptocurrency pic.twitter.com/XghA0jlfbU
— PlayDoge (@PlayDogeGame) June 10, 2024

PlayDoge differs from Dogecoin in that it operates on the BNB chain, a blockchain created by Binance, the world’s largest cryptocurrency exchange.

#playdoji We are leading Tamagotchi into the 21st century. 🎆
Our app has games that allow you to earn money $PLAY Exchangeable Tokens #Cryptocurrency. ✅
We’ve given Tamagotchi the spec upgrade it deserves! 🌟#memecoin #playdoji #BNB #P2E pic.twitter.com/8negSBSmM1
— PlayDoge (@PlayDogeGame) June 9, 2024

of the project Play to Earn Through strategy, players can earn rewards by caring for pets and embarking on adventurous quests. The team plans to develop more projects to expand the token’s utility.

In addition to earning through Play-to-Earn (P2E), token holders can also earn passively by staking $PLAY, with a 341% Annual Percentage Yield (APY).

Crypto analyst and YouTuber Jacob Bury said $PLAY could surge 10x after launch.

To participate in the presale, you can purchase $PLAY tokens for $0.00506 each. But you’ll have to act fast before the price increases within 48 hours.

Buy $PLAY here using BNB, USDT or bank card.

PlayDoge (PLAY) – Latest launch on BNB chain