Bitcoin

Serenity Shield Price Prediction: SERSH is up 15%, but all eyes are on Sponge V2. We expect to repeat our 100x success after migrating to Polygon.

join us telegram A channel to stay up to date on breaking news coverage

The price of Serenity Shield has surged 15% in the past 24 hours, trading at $0.9150 as of 3:50 AM ET, with volume up 25%.

This surge has earned SERSH a spot on CoinMarketCap’s most viewed list, with millions of members joining the ecosystem.

The surge caused Serenity Shield price to break the upper boundary of a rising parallel channel. It also broke above the upper Bollinger indicator band of $0.8510. In most cases, this is a sign that a decline is imminent.

The outlook for the Relative Strength Index (RSI) is 72, indicating that SERSH is already overbought. This strengthens the withdrawal assumption.

However, as can be seen from the northward trajectory of RSI, SERSH is not suitable for selling at the moment. With momentum still rising, Serenity Shield price could extend its gains and potentially reach the $1.0000 psychological level.

In a very bullish case, Serenity Shield price could reach above the $1.2000 level and reclaim the $1.3520 range highs. A move to this level, which was last tested on December 18, would represent an upside of around 50% from current levels.

SershSersh

TradingView SERSH/USDT 1-day chart

converse case

On the other hand, the Serenity Shield price could revert if traders cash out nearly 95% of the land since the February 10 low of $0.4765. A bearish takeover would see SERSH price fall back into the range of a descending parallel channel.

Going lower, Serenity Shield price could retest the 50-day simple moving average (SMA) at $0.6683 or extend a leg to the Bollinger Band midline at $0.6202. If this level of buyer congestion fails to hold support, the Serenity Shield price may slide towards the midline of the descending parallel channel and, in severe cases, may fall to $0.3892, the lower band of the Bollinger indicator.

All eyes are on Sponge V2 as the Serenity Shield price fights to defend the mid-trend. Sponge V2 looks set to repeat its 100x success after migrating to Polygon earlier this month.

A promising alternative to Serenity Shield

Sponge V2, the best meme coin for exponential profits, announced the discontinuation of its predecessor, Sponge V1, on February 1st. This resulted in the project migrating to the Polygon chain after suffering a malicious attack on its liquidity pool.

The project is making a strong comeback in 2024 with the exciting release of a sequel, a new and special staking model, a Play-to-Earn (P2E) game, and a massive marketing budget.

Experts say Sponge V2 is poised to repeat the success of its predecessor, $SPONGE, which recorded 100x profits since its launch last year.

With plans already underway to list the Sponge V2 meme coin on multiple exchanges, token holders are enjoying up to 193% Annual Percentage Yield (APY) with over 8.356 billion tokens already staked. This is the main reason why analysts consider it one of the top five cryptocurrencies to invest in right now.

To increase community engagement, Sponge V2 has also introduced a new peer-to-peer racer game where players can compete against each other for a chance to win SPONGE V2 tokens as rewards.

Meme Coin, with its excellent staking program, is in high demand. By purchasing and staking $SPONGE today, you can set up a cryptocurrency portfolio that can earn you huge returns.

To purchase SPONGE V2, visit the official website here.

Also read:

A new cryptocurrency mining platform – Bitcoin Minetrix

Bitcoin MinetrixBitcoin Minetrix
  • Thanks to Coinsult
  • Decentralized, secure cloud mining
  • Get free Bitcoin every day
  • Native token currently in pre-sale – BTCMTX
  • Staking Rewards – APY 50% or more

Bitcoin MinetrixBitcoin Minetrix


join us telegram A channel to stay up to date on breaking news coverage

Related Articles

Back to top button