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Minu Price Prediction: MINU Soars 59% But Analysts Say This Presale With 100X Potential Could Be The Best Meme Coin You Can Buy Right Now.

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Minu price has surged 59% in the last 24 hours. Traded for $0.0000001458 As of 5:03 a.m. EST, trading volume had increased 28% to $4.2 million.

The price surge comes as the Minu community continues to grow, with 4,000 holders registered on the project. Minu is the first mined coin on Binance Smart Chain (BSC).

Will the team’s intensive marketing plan allow the coin to join the ranks of other successful dog coins such as DOGE, SHIBA INU, Floki Inu, etc.?

Negative Price Signals Bull Rally Riding Double Bottom Pattern

Minu price chart analysis source: Geckoterminal.com Minu price chart analysis source: Geckoterminal.com
MINUUSD chart analysis source: Geckoterminal.com

Minu’s price is showing signs of a bullish rally, driven by the development of a double bottom pattern, suggesting a continuation of the upward trend. Throughout February, the price of Minu firmed, hitting resistance at $0.0000002299 as the bulls faced a challenge.

However, the struggle between bulls and bears appears to be ending with the price breaking out of the support zone at $0.0000000786. MINU is currently trading above its 50-day simple moving average, confirming its current bullish momentum. This level acts as an immediate support level at $0.0000001195.

The Relative Strength Index was 61, down from 70, the overbought threshold. If the bullish momentum continues, RSI may rise back into overbought territory, potentially prolonging the bull market.

my MACDmy MACD

Additionally, the Moving Average Convergence Divergence (MACD) indicator shows that the MACD line (blue) is trading above the signal line (orange), indicating a bullish crossover. This suggests a potential entry point for prices to rise further. The green bar in the histogram extends upward, further supporting this bullish signal.

Additionally, the average directional index (ADX) is 22, indicating a moderately strong, but not overwhelming, bullish trend. However, with ADX showing an upward trend, this is a sign that a stronger bullish trend is likely to begin.”

Minu price prediction

The formation of a double bottom signals the continuation of a bullish trend, and bullish traders try to take advantage of this to push the price higher. Bulls are aiming to recapture Minu’s previous high of $0.000000418, hit on January 22nd.

In the opposite scenario, a downtrend could lead us back to the support at $0.0000000786.

As Minu price soars, investors are busy buying and staking Sponge V2 tokens after its predecessor, $SPONGE, recorded 100x gains last year.

Buy Sponge V2 with 100x potential returns – What is the best Meme coin to buy?

If you missed that opportunity, you don’t need to worry too much because you still have a chance. Sponge V2 We are preparing to launch on major exchanges.

Sponge V1 has over 13,000 holders and has achieved a market capitalization of $100 million after being listed on more than 10 major exchanges.

On February 5, Sponge V1 was officially discontinued and $SPONGE holders were moved to the more secure Sponge V2 on the Polygon network.

Stake $SPONGE V2 and get rewards

There is an opportunity to earn passive income through the Sponge V2 staking option. Stake your Sponge V2 tokensIt earned an impressive Annual Percentage Yield (APY) of 195%.

The Sponge V1 sequel is set to attract a new group of investors with its new and surprising features, one of which is Play-to-Earn (P2E) gaming. The team is planning the following releases: sponge Racer, This game has both free and paid versions. Players will have the opportunity to earn token rewards by participating in races.

Crypto analyst Jacob Bury believes Sponge V2 has the potential to explode 100x once it is released.

To participate in the presale, visit: Sponge V2 official website Connect your digital wallet to exchange ETH or USDT for V2 tokens. You can also make direct purchases using your bank card.

Related news

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